619B Provisions of section 619 to apply to certain companies

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.