Application of Act to Government companiesDefinition of "Government company".617. For the purposes of [this Act], Government company means any company in which not less than fifty-one per cent 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 [and includes a company which is a subsidiary of a Government company as thus defined.]
15. Substituted for "sections 618, 619 and 620" by the Companies (Amendment) Act, 1960.
16. Substituted for "share capital" by the Companies (Amendment) Act, 1960.
17. Inserted by the Companies (Amendment) Act, 1960.
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