Definitions

Definitions: In this Act, unless the context otherwise requires,—

1. (a) "Appointed day" means the date on which the management of a Public Sector Undertaking is taken over by the Government under section 3;
2. (b) "Government" means the State Government of Andhra Pradesh;
3. (c) "Public Sector Undertaking" means any company as defined in the Companies Act, 1956, in which not less than fifty-one percent of the paid-up share capital is held by the State Government, and includes a Corporation or any other body owned or controlled by the State Government, but does not include a Co-operative Society registered under the Andhra Pradesh Co-operative Societies Act, 1964.