Business Studies, asked by vagabond88, 5 days ago

what is a govt. company

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Answered by LEGEND778

Answer:

According to Companies Act 2013, A Government company is a company in which the Government (either centrally owned or owned by State government or may be owned by both) holds the majority of paid-up share capital i.e. more than 50%. For example BHEL, SAIL etc.

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