Under the Companies Act, 2013, a Government company is one in which not less than how much paid-up…
Under s.2(45), a Government company is one in which not less than fifty-one per cent of the paid-up share capital is held by the Central Government, a State Government, or…
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Under the Companies Act, 2013, a Government company is one in which not less than how much paid-up share capital is held by Government?
Answer and explanation
Correct answer C
Under s.2(45), a Government company is one in which not less than fifty-one per cent of the paid-up share capital is held by the Central Government, a State Government, or both, not twenty-six, forty-nine, or seventy-five per cent.
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