CBSE · Class 11 · Business Studies · Private, Public and Global EnterprisesA government company is defined under which section of the Indian Companies Act, 2013?
According to Section 2(45) of the Indian Companies Act, 2013, a government company means any company in which not less than 51 percent of the paid-up share capital is held by the Central Government, or by any State Government or Governments, or partly by the Central Government and partly by one or more State Governments.
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Private, Public and Global Enterprises.
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Private, Public and Global Enterprises.
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Private, Public and Global Enterprises.