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Kunal UpadhyayKunal Upadhyay asked 8 months ago

Sir –
X Ltd is a company in which 45 % paid up capital held by central government and 10% paid up capital held by other government company…..

Wheth x Ltd is also a government company ???

1 Answers
RaviRavi Staff answered 8 months ago

its not a government company
but it will be considered as government owned or controlled and appointment of auditor will be done by CAG as per MCA clarification discussed in class.

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