Difference between......

960 views 4 replies

Hello frnds....Can anyone explain me the difference between a Government Co. and a Public Co. in detail?

Replies (4)

/experts/difference-between-1119414.asp

According to Companies Act, Government company is also a public limited company.

Public Company means a company which-

(a) is not a private company;
(b) has a minimum paid-up capital of five lakh rupees or such higher paid-up capital, as may be prescribed;
(c) is a private company which is a subsidiary of a company which is not a private company.

A public limited company wherein Central or any State Government holds not less than 51% of paid up shareholding, it is called as government company.

Dear anjali , public companies divided into two parts .

 

first known as govt. company & others are non govt. co.

in a public co. where govt holdings are as per sec, 619 than its known as govt company , otherwise it known as only public company.

every listed company is known as public company like RIL, ITC but if if there are holdings are as per sec. 619 than these are as govt. company like ONGC, IOC, BPCl, BHEL,etc, 

for Public Company go to this link

https://indiankanoon.org/doc/1330413/

For government company

For the purposes of 1[this Act] Government company, means any company in which not less than fifty one per cent of the 2[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, 3[and includes a company which is a subsidiary of a Government company as thus defined].

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details