alleryStart learning →A Government company must have at least what share of its paid-up capital held by Governments?
A33 per cent
B26 per cent
C51 per cent
D49 per cent
Answer & Solution
Correct answer: C. 51 per cent
Section 2(45) requires not less than fifty-one per cent of paid-up share capital to be held by the Central or State Governments.
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