Question

what is meant by a government company? ​

Answer 1

A government company is a companyregistered under the Indian CompaniesAct in which not less than 51% of paid up share capital is held by the centralgovernment or any state governmentor partly by central government partly by one or more state governments

Answer 2

A government company is a company registered under the Indian Companies Act in which not less than 51% of paid up share capital is held by the central government or any state government or partly by central government partly by one or more state governments

A state-owned enterprise (SOE) is a legal entity that is created by a government in order to partake in commercial activities on the government's behalf. It can be either wholly or partially owned by a government and is typically earmarked to participate in specific commercial activities.