Jasmine KaurJasmine Kaur asked 1 year ago
1 Answers
RaviRavi Staff answered 1 year ago

If there is pure government holding of 51% or more then it is government company and government is having direct control
CG + SG >= 51% 
If pure govt holding is not 51% ore more but if add shares held by other govt companies then it will called deemed government company, govt having indirect control
CG + SG + Govt Co >= 51% or more
in new company act they dont use word deemed govt company they use indirect control

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