Any company in which not less than fifty-one per cent of the paid-up share capital is held by the Central Government, or by any State Government or Governments, or partly by the Central Government and partly by one or mo

CS CSEET · Business Laws and Management · PYQS · June 2026

Any company in which not less than fifty-one per cent of the paid-up share capital is held by the Central Government, or by any State Government or Governments, or partly by the Central Government and partly by one or more State Governments and includes a company which is a subsidiary company of such a Government company.

(A) Small Company

(B) Government Company

(C) Producer Company

(D) Foreign Company

Answer & Explanation:

Correct Answer: Option (B)

Correct answer: (B) Government Company.

Topics: Company Law

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Any company in which not less than fifty-one per cent of the paid-up share capital is held by the Central Government, or by any State Government or Governments, or partly by the Central Government and partly by one or mo

Answer & Explanation:

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