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    <title>Definition of &quot;Government Company&quot;.</title>
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    <description>A Government company is one in which a majority of the paid-up share capital is held by the Central Government, or by any State Government(s), or jointly by Central and State Governments; the definition expressly includes a company that is a subsidiary of such a government-controlled company.</description>
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      <description>A Government company is one in which a majority of the paid-up share capital is held by the Central Government, or by any State Government(s), or jointly by Central and State Governments; the definition expressly includes a company that is a subsidiary of such a government-controlled company.</description>
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