banner_ad

Government company

This query is : Resolved 
Profile Image

Profile Image

(Querist)
10 June 2010 Hi,
does the definition of a company include a government company. Section 125 of the companies act 1956 is applicable to a company, does that mean it is applicable to a government company as well. Pls reply asap.
Profile Image

CS Richa Sharma

Profile Image

CS Richa Sharma (Expert)
10 June 2010 AS per section 2(18) of the Companies Act,1956 'Government Company' means a Government company within the meaning of Section 617 of the Act.
In Bare Act u can read 'Application of Act to the Government Companies'.
In my opinion sec.125 is not applicable on govt.companies.
Profile Image

CS Mitesh Mehta

Profile Image

CS Mitesh Mehta (Expert)
10 June 2010 In my opinion, A Government company is also a company under the act even if it is not registered under the act.

Though the definition specifically define private & public company, In the Act at various places the word" company" is used, without any prefix or suffix, it would mean that the provision applies to all kind of companies.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details