1.

Mention any three features of government company?

Answer»

Features of government company: . 

1. Registrations under the companies Act: A government company is formed under the Companies Act 1956. 

2. Own staff: A government company has its own staff except government officials who are sent to it on deputation. 

3. Majority of the capital provided by the government: The whole or majority (at least 51%) of the capital of a government company is provided by the government.



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