Companies Act, 1956

Section - 617 - Definition of Government company

Application of Act to Government companies

Definition 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.]

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