Global Ltd. has the paid-up equity capital structure – Central Government: 38%; State Government: 10%; Subsidiary of a Government Company: 17.50%; and retail shareholders remaining shares. Which of the following classes of companies would it belong to – (a) Government company (b) Non-government company (c) Deemed public company (d) Deemed private company

Global Ltd. has the paid-up equity capital structure – Central Gover

1.	Global Ltd. has the paid-up equity capital structure – Central Government: 38%; State Government: 10%; Subsidiary of a Government Company: 17.50%; and retail shareholders remaining shares. Which of the following classes of companies would it belong to – (a) Government company (b) Non-government company (c) Deemed public company (d) Deemed private company
Answer» (a) Government company