GOVERNMENT COMPANY | COMPANY LAW | BCOM/BBA/CA/CS/CMA | SEM 2 | UNIT 1 | DU/SOL/REGULAR/NCWEB

Описание: 📘 Government Company – Company Law | Semester 2 | Unit 1 | Lecture 7

B.Com (Hons & Prog) | BBA | CA | CS | CMA | DU SOL | Regular | NCWEB

This video offers a complete, conceptual, and exam-oriented explanation of Government Company under the Companies Act, 2013, specially designed for Semester 2 students of B.Com, BBA, and professional courses such as CA, CS, and CMA.

This lecture forms part of Unit 1: Introduction to Company Law as prescribed by Delhi University (DU) and is relevant for SOL, Regular Colleges, and NCWEB students. The topic is explained in simple language, strictly as per the Companies Act, 2013, making it ideal for concept clarity, exam preparation, and quick revision.


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🔎 Topics Covered in This Lecture (Complete & Detailed):

▶ Meaning of Government Company

What is a Government Company in Company Law?

Why such companies are created

Difference between Government Company and Government Department


▶ Definition of Government Company (Companies Act, 2013)

Definition as per Section 2(45)

Explanation of the term 51% or more shareholding

Meaning of Central Government, State Government, and joint ownership


▶ Types of Government Companies

Central Government Companies

State Government Companies

Joint Government Companies (Central + State)


▶ Essential Characteristics / Features of Government Company

Incorporated under the Companies Act, 2013

Government holds majority share capital

Separate legal entity

Limited liability

Managed by Board of Directors

Commercial objectives with public welfare


▶ Ownership & Control

Meaning of majority shareholding

How government exercises control

Role of government nominees on the board


▶ Management & Administration

Appointment of directors

Role of professional management

Difference between ownership and management


▶ Audit & Accountability

Audit by Comptroller and Auditor General of India (CAG)

Role of CAG in government companies

Submission of audit reports


▶ Legal & Compliance Provisions

Applicability of Companies Act provisions

Exemptions available to government companies

Disclosure and transparency requirements


▶ Comparison for Concept Clarity

Government Company vs Private Company

Government Company vs Public Company

Government Company vs Statutory Corporation


▶ Examples of Government Companies in India

ONGC

BHEL

GAIL

NTPC

Indian Oil Corporation



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🎯 Who Should Watch This Lecture?

✔ B.Com Semester 2 (Hons & Program) students
✔ BBA students studying Company Law
✔ DU SOL Company Law students
✔ DU Regular College students
✔ NCWEB students
✔ CA Foundation students
✔ CS Executive students
✔ CMA Foundation students
✔ Students preparing for semester exams & competitive exams


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📝 Importance of Government Company in Exams:

Important topic of Unit 1 – Introduction to Company Law

Frequently asked in definitions, short notes, and comparison questions

Scoring topic for 4, 6, and 10 mark answers

Helps in understanding public sector enterprises in India



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📌 Exam-Oriented Benefits of This Video:

Section-wise explanation as per Companies Act, 2013

Simple language with legal accuracy

Focus on keywords examiners expect

Useful for last-minute revision



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🔔 Watch Till the End To Learn:

How to write perfect answers on Government Company

Differences often asked in exams

Common mistakes students make

Important sections and features to remember



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👍 If This Lecture Helps You:

Like 👍 the video

Share 📤 with classmates & study groups

Subscribe 🔔 for complete Company Law Semester 2 playlist

Comment 💬 your doubts for clarification



Government Company Company Law
Government Company Companies Act 2013
Government Company Section 2(45)
Company Law Semester 2 Unit 1
Government Company Lecture
BCom Company Law Government Company
BBA Company Law Government Company
DU SOL Company Law
NCWEB Company Law Lecture
CA Foundation Government Company
CS Executive Government Company
CMA Foundation Government Company
Difference between Government Company and Public Company
Difference between Government Company and Statutory Corporation
Features of Government Company
Government Company Meaning Definition
Company Law for Beginners
Company Law in Hindi English
Delhi University Company Law Semester 2