Govt Company

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?
Replies (2)
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...

but in this situation the provions of CAG auditor will be applicable?

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