sir,
suppose A,B,C(all r govt co's) having share holding 30%,20%,10% respectively in D co. whether D is a govt co or not?
2 Replies
Abhishek Beriha
(27 Points)
Replied 26 March 2018
No. D is not a govt company. Beacuse 51% of share must held by the govt not the govt companies.here A, B, C are the companies as u said not the govt. Okay...
Law Aspire
(CS)
(755 Points)
Replied 27 March 2018
but in this situation the provions of CAG auditor will be applicable?
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