After reading this article you will learn about:- 1. Characteristics of a Government Company 2. Advantages of a Government Company 3. Limitations. Characteristics of a Government Company: 1. A government company is formed and registered under the Companies Act, 1956 as a public company or a private company. Provisions of company law are applicable to government companies also. 2. It [...]
After reading this article you will learn about:- 1. Meaning and Definition of Public or State Enterprises 2. Characteristics of State Enterprises 3. Objectives 4. Advantages 5. Disadvantages. Meaning and Definition of Public or State Enterprises: State enterprises as a form of business organisation occupy an important place in the economy of the country today. State enterprise is an undertaking [...]
This article throws light upon the six main factors that influence the choice of the forms of organisation for state enterprises. The factors are: 1. General Factors 2. Considerations for the Choice 3. The Choice is More Difficult in India 4. In India Government Company Form is Popular 5. Preference to Company Form 6. The Administrative Reform Commission. Factor # [...]