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Section 619B – The Companies Act,1956

The Companies Act, 1956

619B. Provisions of section 619 to apply to certain companies.

1[619B. Provisions of section 619 to apply to certain companies.

The provisions of section 619 shall apply to a company in which not less than fifty-one per cent of the paid-up share capital is held by one or more of the following or any combination thereof, as if it were a Government company, namely :-

(a) the Central Government and one or more Government companies;

(b) any State Government or Governments and one or more Government companies;

(c) the Central Government, one or more State Governments and one or more Government companies;

(d) the Central Government and one or more corporations owned or controlled by the Central Government;

(e) the Central Government, one or more State Governments and one or more corporations owned or controlled by the Central Government;

(f) one or more corporations owned or controlled by the Central Government or the State Government;

(g) more than one Government company.]

1 Inserted by Act No. 41 of 1974, w.e.f. 1st. February, 1975.

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The Companies Act, 1956

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