Legal Question in Employment Law in India
1)the profit earned by the government owned commercial companies/ corporations goes where ? is it part of govt treasury or otherwise? 2) the salaries paid to the employees of commercial organization owned by govt from its profit are considered from govt treasury/ exchequer or otherwise?
Asked on 5/10/12, 4:30 am
1 Answer from Attorneys
Santosh Dash
Legal Consultant
corporation is a separate legal entity and its fund is not a part of the treasury
Answered on 5/10/12, 4:35 am
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