BANK SEBI Grade A Phase 1 & Phase 2 Mock Test 2024 Legal Aspects of Business The Companies Act, 2013
In the Company Act, 2013 under definitions sub-clause 45; "Government Company means any company in which not less than _______ percent of the paid up share capital is held by the Central Government or by any State Government or Governments or partly by the Central and partly by one or more State Governments and includes a company which is a subsidiary company of such a Government company.
1
41 percent
2
45 percent
3
49 percent
4
51 percent
5
75 percent