https://www.taxtmi.com/news?id=22175 GSTN was converted into a fully government owned company by transferring majority equity held by Non Government Institutions to the Centre and States equally; the Union Cabinet confirmed a 50:50 split between Central and State ownership. Amendments to the Memorandum and Articles of Association were approved by the GST Council, the Ministry of Corporate Affairs under the Companies Act, 2013 granted approval to the modified MOA/AOA, and the shareholders in an Extra Ordinary General Meeting authorised the share transfers to effect the ownership change. en-us Mon, 25 Nov 2019 17:36:10 +0530 Mon, 25 Nov 2019 17:36:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22175 GSTN was converted into a fully government owned company by transferring majority equity held by Non Government Institutions to the Centre and States equally; the Union Cabinet confirmed a 50:50 split between Central and State ownership. Amendments to the Memorandum and Articles of Association were approved by the GST Council, the Ministry of Corporate Affairs under the Companies Act, 2013 granted approval to the modified MOA/AOA, and the shareholders in an Extra Ordinary General Meeting authorised the share transfers to effect the ownership change. News - Mon, 25 Nov 2019 17:36:10 +0530 https://www.taxtmi.com/news?id=22175