Question
XYZ Co, is having 15% share capital held by X Company
and 50% held by Central Government and 10% held by State Government and 25% held by other people then that company will beSolution
A government company is a company in which the Government or State Government holds 51% or more of the paid-up capital. Government Company, also called Public Enterprise, State Enterprise. It works as other companies registered under the Companies Act.
Has been elevated as Managing Director and CEO of Indian Overseas Bank with effect from January 1, 2023
GO Savings Account, a latest digital banking product is a zero-balance account with simple account opening process and easy-to-operate features, the p...
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