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Government Company

Preeti Jain (Company Secretary) (139 Points)

22 June 2011

Dear All,

Can anyone let me know if there is any specific procedure to form a government company and who will we the subscribers of MOA in case of Government Company under Companies Act, 1956.

Thanks in advance..............

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3 Replies

Rajnikant Vadigoppula (CA, CS And CMA Final) (919 Points)
Replied 22 June 2011

government company means in which central or state government hold more than 51% share capital.

so how can we create a government company?

CA ADITYA SHARMA (CA IN PRACTICE ) (16719 Points)
Replied 22 June 2011

Originally posted by : Rajnikant Vadigoppula
	government company means in which central or state government hold more than 51% share capital. so how can we create a government company?