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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 an entity created under section 87 of the PGPA Act" (i.e. a statutory authority may also be a statutory corporation). [1]
PEC (Project & Equipment Corporation of India) 2017 18: STCL Ltd (Spice Trading Corporation of India) 2016 19: Elgin Mills: 2017 20: Indian Airlines: 2011 (merged with Air India) 21: I A L Airport Services: 2010 22: Air India Cargo: 2012 23: Burn Standard Company: 2018 24: Mining & Allied Machinery Corporation Limited: 2002 25: Assam Ashok ...
Public Sector Undertakings (PSU) in India are government-owned entities in which at least 51% of stake is under the ownership of the Government of India or state governments.These type of firms can also be a joint venture of multiple PSUs. These entities perform commercial functions on behalf of the government.
IFCI, previously Industrial Finance Corporation of India, is a development finance institution under the ownership of Ministry of Finance, Government of India. [1] Established in 1948 as a statutory corporation, IFCI is currently a company listed on BSE and NSE. IFCI has seven subsidiaries and one associate.
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 governing its employees and its relationship with government departments. List of statutory corporation in Gujarat by sector: [20]
A statutory corporation is defined in the government glossary as a "statutory body that is a body corporate, including an entity created under section 87 of the PGPA Act" (i.e. a statutory authority may be a statutory corporation). [3]
Statutory Corporation: www.cmdachennai.gov.in: 5: Chennai Metropolitan Water Supply and Sewage Board (CMWSSB) 1978: Chennai: Municipal Administration and Water Supply: Provision of Water and Sewerage facilities to Chennai Metropolitan Area: Statutory Corporation: www.chennaimetrowater.tn.nic.in: 6: Tamil Nadu Slum Clearance Board (TNSCB) 1970 ...
Employees' State Insurance Corporation (ESIC), established by ESI Act, is an autonomous organisation under Ministry of Labour and Employment, Government of India.As it is a legal entity, the corporation can raise loans and take measures for discharging such loans with the prior sanction of the central government and it can acquire both movable and immovable property and all incomes from the ...