Costing Standards Accounting Standards E-Forms

The Companies Act, 1956

General (Section 615 to Section 658)

Section 617- Definition of "Government Company".

Section 617- Definition of "Government Company".

For the purposes of this Act, Government company means 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 Government, or partly by the Central Government and partly by one or more State Governments and includes a company which is a subsidiary of a Government company as thus defined.