What is the difference between govt. company and public
ltd. company
- 1 Answers
- 12027 Views
- I also Faced
- E-Mail Answers
Answer Posted / mitrani banerjee
GOVT. COMPANY: AS PER THE PROV. OF SEC. 617 OF THE
COMPANIES ACT,1956 GOVT CO. MEANS ANY COMPANY IN WHICH NOT
LESS THAN 50%OF THE PAIDUP CAPITAL IS HELD BY THE GOVT.OR
BY ANY STATE GOVT.OR GOVTS.,OR PARTLY BY THE CENTRAL
GOVT.AND BY ANY STATE GOVT.
PUBLIC CO.: AS PER THE PROV. OF SEC.3(1)(IV) OF THE
COMPANIES ACT,1956 PUBLIC COMPANY MEANS,
I)WHICH IS NOT A PVT.CO.,
II)MINIMUM PAID UP CAPITAL Rs.50,00,000 OR MORE,
III)IS APVT.CO.WHICH IS A SUBSIDIARY OF A COMPANY WHICH IS
NOT APVT.CO.
| Is This Answer Correct ? | 6 Yes | 8 No |
Post New Answer View All Answers
What is meant by retiring Bill
What are the Types of invoices batching? & what is 3 way batch?
Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry
i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....
What do mean by Computerization of accounts
Questions asked for the post of Manager (Finance) in a Public Sector company Subject of group discussions for the post of Manager (Finance) in a Public Sector company
How do you plan to achieve these goals
In financial management why we calculate the cost of debt, (cost of capital) while rate of interest is given.
What is Risk Assessment?
what is general HR?
what is the main difference between nse & bse operations
Explain why the assets of a partnership are usually revalued before the admission of a new partner or the retirement of an existing partner
let me know the difference between net cash flow and income
During Cutover Activities of New SAP Implementing Company what we have upload for Closed Fiscal year (that means Legasy to SAP ) Balance sheet or Trial Balance , What is the difference of the Both?
What are the things are not Included in Annual Reports?
