Name:
i) The form of public enterprises which requires a special act of the parliament.
ii) The type of joint stock company in which government holds 51% or more of the equity capital. Also distinguish between them on any form basis.

Question

Name:
i) The form of public enterprises which requires a special act of
the parliament
ii) The type of joint stock company in which government holds 51%
or more of the equity capital Also distinguish between them on any
form basis

Prince Verma · Accepted Answer

1) Statutory corporation requires a special act of
parliament for its formation This is because this form of business
is an initiative of private enterprises having the powers of the
government

2) Government company is the joint stock company
in which at least 51 % shares are held by central or state
government or both

The difference between statutory corporation and government company
is already covered in our revision notes of Business Studies XI
Follow the given link and scroll down to the topic 'Difference
between three forms of public sector enterprises' to view the
same

https://www meritnation
com/cbse/class11-commerce/revision-notes/business-studies/business-studies/private-public-and-global-enterprises/1161_5366

Name: i) The form of public enterprises which requires a special act of the parliament. ii) The type of joint stock company in which government holds 51% or more of the equity capital. Also distinguish between them on any form basis.

Name:
i) The form of public enterprises which requires a special act of the parliament.
ii) The type of joint stock company in which government holds 51% or more of the equity capital. Also distinguish between them on any form basis.