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Gas authority of India Ltd . (GAIL) is c...

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?

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Gas authority of India Ltd. (GAIL) is carrying on various projects of energy and power. Mojority of its shares are held by the government of India. It was registered under the previous Companies Act. It enjoys 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 prepaers its annual report and submit to the appropriate authorities. (a) Name the type of public sector enterprise referred to in the above para. (b) In whose name does the government buy shares ? (c ) State any three features of the type of public sector enterprise identified in part (a) other than shareholders. It is also premitted to raise funds from the capital market.

The Government of India Act, 1935 was based on:

Under start up scheme government of India offer :

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