Types Of Companies

Which type of company is not allowed to subscribe its share to general public?

Merits|Limitations|Types of Cooperative Societies|Amul's Amazing Cooperative Ventures!|Joint Stock Company|Features

Merits|Limitations|Types of Cooperative Societies|Amul's Amazing Cooperative Ventures!|Joint Stock Company|Features

Gas authority of India Ltd . (GAIL) is carrying on various projects of energy and power . Majority of its shares are held by government of India . It is registered under Companies Act , 1956 and enjoy all the characteristics of a company . The board of directors are appointed by the government . The Board and shareholders are responsible for the efficient working of the company . The company prepares its annual report and submit to appropriate authorities. (a) Name the type of public sector enterprise referred in above para. (b) Government dusy shares in whose name ? (c ) Where does goverment companies submit their reports?