https://www.taxtmi.com/manuals?id=5418 A government company is one in which the government holds controlling paid-up share capital and includes its subsidiaries; this status preserves the company's corporate distinctness from the government, confers statutory regulatory control and privileges, but does not convert the company into the government. Consequently, employees of a government company are not government servants and do not attract constitutional protections applicable to civil service, nor have a direct legal claim on the government for company payroll or pay revision obligations. en-us Tue, 22 Oct 2024 11:04:00 +0530 Wed, 06 Nov 2024 15:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=5418 A government company is one in which the government holds controlling paid-up share capital and includes its subsidiaries; this status preserves the company's corporate distinctness from the government, confers statutory regulatory control and privileges, but does not convert the company into the government. Consequently, employees of a government company are not government servants and do not attract constitutional protections applicable to civil service, nor have a direct legal claim on the government for company payroll or pay revision obligations. Manuals Companies Law Tue, 22 Oct 2024 11:04:00 +0530 https://www.taxtmi.com/manuals?id=5418