WebJul 22, 2024 · Airport Authority of India AIR 1979 SC 1628 The Supreme Court concluded in this decision that if a body is a government agency or instrumentality, it can be an authority under Article 12 regardless of whether it is a statutory corporation, a government company, or a registered society. WebGovernment Companies. Government Company is a company or an organization in which at least 51% of the paid up share capital is held by the central government or the state government or partly by both central and …
Types of Public Sector Undertakings - Economics Discussion
A few are: Airports Authority of India Damodar Valley Corporation National Highways Authority of India Central Warehousing Corporation (cewacor.nic.in/) Inland Waterways Authority of India (www.iwai.gov.in/) Food Corporation of India (fciweb.nic.in/) See more A statutory corporation is a government entity created as a statutory body by statute. Their precise nature varies by jurisdiction, but they are corporations owned by a government or controlled by national or sub-national … See more A statutory corporation in Germany is called a Körperschaft des öffentlichen Rechts (KdöR). An example of a statutory corporation is a Kassenärztliche Vereinigung, … See more Statutory corporations are government establishments brought into existence by a Special Act of the Parliament. The Act defines its powers and functions, rules and regulations … See more In the Netherlands, the term "public body" is the general denomination for administrative divisions within the Dutch state or certain other types of governmental organisations. See more In Australia, statutory corporations are a type of statutory authority created by Acts of state or federal parliaments. A statutory corporation is defined in the federal Department of Finance's glossary as a "statutory body that is a body corporate, including … See more In Hong Kong, some corporations are incorporated by legislation. An example is the Kowloon-Canton Railway Corporation, which owns the railway network and was previously also an operator. The MTR Corporation Limited was also such a company, then … See more In the Republic of Ireland, a statutory corporation is a body corporate, which is created under a particular Act of the Oireachtas. … See more WebThe following are major statutory corporations: i. Life Insurance Corporation of India (LIC) ii. Reserve Bank of India (RBI) iii. Unit Trust of India (UTI) ADVERTISEMENTS: iv. Industrial Development Bank of India (IDBI) v. Oil & Natural Gas Commission (ONGC) vi. Employee State Insurance Corporation (ESIC) vii. Food Corporation of India (FCI) shop coweta
Public Corporations in India - Your Article Library
WebJul 12, 2024 · Examples include Air India, State Bank of India, Life Insurance Corporation of India, etc. Features of Statutory Corporations. The main characteristics of the statutory corporation are: 1. It is a Corporate Body It is an artificial person created by law & is a legal entity. Such corporations are managed by the board of directors constituted by ... WebApr 13, 2024 · Form MSME 1 is mandatory for companies with outstanding payments to MSME companies for over 45 days. MSMes need to file a half-yearly return with the Registrar for their outstanding payments to Micro or Small Enterprises. The due date for filing Form MSME 1 for FY 2024-23, from October 2024 to March 2024, is 30th April 2024. WebApr 9, 2024 · Here is a List of Some Public Corporation Statutory Organisations in India: Life Insurance Corporation (LIC) Reserve Bank of India (RBI) Air India Corporation Food … shop cowboys gear