Government company status applies where majority paid-up share capital is held by government or government-controlled entities. Where a company's paid-up share capital is held to a majority extent by specified public-sector holders or combinations thereof, the corporate governance and regulatory consequences of section 619 shall apply to that company as if it were a Government company, including cases involving the Central Government, State Governments, Government companies, and corporations owned or controlled by the Central Government.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Government company status applies where majority paid-up share capital is held by government or government-controlled entities.
Where a company's paid-up share capital is held to a majority extent by specified public-sector holders or combinations thereof, the corporate governance and regulatory consequences of section 619 shall apply to that company as if it were a Government company, including cases involving the Central Government, State Governments, Government companies, and corporations owned or controlled by the Central Government.
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