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of <h1>Section 619B of Companies Act: Extends Section 619 to companies with 51% government-held share capital.</h1> The provisions of Section 619B of the Companies Act, 1956, extend the applicability of Section 619 to companies where at least 51% of the paid-up share capital is held by specified entities. These entities include combinations of the Central Government, State Governments, Government companies, and corporations owned or controlled by these governments. Such companies are treated as if they were Government companies under the Act. This provision was introduced by the Companies (Amendment) Act, 1974, effective from February 1, 1975.
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