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 ... Summary
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.
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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