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XYZ Co. is having 15 percent share capital held by X Company and 50 percent held by Central Government…

Since the Central and State Governments together hold 60 percent (50 percent plus 10 percent) of the paid-up share capital, exceeding the 51 percent threshold, XYZ Co.…

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XYZ Co. is having 15 percent share capital held by X Company and 50 percent held by Central Government and 10 percent held by State Government and 25 percent held by other people then that company will be:

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Correct answer A

Since the Central and State Governments together hold 60 percent (50 percent plus 10 percent) of the paid-up share capital, exceeding the 51 percent threshold, XYZ Co. qualifies as a "Government Company" under the Companies Act.

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