valid as on 13/06/2024

Section 2(45) Government company
Effective from 12-09-2013

“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 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.

.- For the purposes of this clause, the “paid-up share capital” shall be construed as “total voting power”, where shares with differential voting rights have been issued.

Inserted vide MCA notification dated 02.03.2020. To view the notification, Click Here.

Enforcement notification S.O.2754 (E) dated 12/09/2013

Exemptions to Government Companies under section 462 of the CA 2013, notification dated 02.03.2020

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