What type of legal entity is Biecco Lawrie Limited if it manufactures medium-voltage switchgears as a commercial activity on behalf of the Government of India?
A state-owned enterprise
State-owned enterprise
A state-owned enterprise (SOE) is a legal entity that undertakes commercial activities on behalf of the state, its owner.
 The legal status of SOEs varies from being a part of the government to being stock companies with the state as a regular stockholder.
 The defining characteristics of SOEs are that they have a distinct legal form and are established to operate in commercial affairs and commercial activities.
 While they may also have public policy objectives (e.g., a state railway company may aim to make transportation more accessible), SOEs should be differentiated from other forms of government agencies or state entities established to pursue purely nonfinancial objectives.
Biecco Lawrie
Biecco Lawrie Limited (BLL) is a Public Sector Undertaking under the Ministry of Petroleum and Natural Gas (PSU) of the Government of India and was established in 1919 as British India Electric Construction Company Limited.
 BLL manufactures medium-voltage switchgears and have separate turnkey project and Electrical Repair division and is headquartered in Kolkata, West Bengal.
List of government-owned companies of China
This is a list of government-owned companies of China.
 A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government.
 Their legal status varies from being a part of government to stock companies with a state as a regular stockholder.
 There is no standard definition of a government-owned corporation (GOC) or state-owned enterprise (SOE), although the two terms can be used interchangeably.
 The defining characteristics are that they have a distinct legal shape and they are established to operate in commercial affairs.
 While they may also have public policy objectives, GOCs should be differentiated from other forms of government agencies or state entities established to pursue purely non-financial objectives. Joint audit
A joint audit is an audit on a legal entity (the auditee) by two or more auditors to produce a single audit report, thereby sharing responsibility for the audit.
 A typical joint audit has audit planning performed jointly and fieldwork allocated to the auditors.
 The auditors are typically not individuals, but auditing firms.
 This work allocation may be rotated after a set number of years to mitigate the risk of over-familiarity.
 Work performed by each auditor is reviewed by the other, in most cases by exchanging audit summary reports.
 The critical issues at group level, including group consolidation, are reviewed jointly and there is joint reporting to the legal entity's management, its audit committee, a government entity, or the general public. Gesellschaft mit beschränkter Haftung
A Gesellschaft mit beschränkter Haftung (] , abbreviated GmbH ] and also GesmbH in Austria) is a type of legal entity very common in Germany, Austria, Switzerland (where it is equivalent to a S.à r.l.) and Liechtenstein.
 In the United States, the equivalent type of entity is the limited liability company (LLC).
 The name of the GmbH form emphasizes the fact that the owners ("Gesellschafter", also known as members) of the entity are not personally liable for the company's debts.
 "GmbH"s are considered legal persons under German and Austrian law.
 Other variations include mbH (used when the term "Gesellschaft" is part of the company name itself), and gGmbH ("gemeinnützige" GmbH) for non-profit companies. United Kingdom partnership law
There is no such thing as United Kingdom partnership law The law governing Partnerships in the UK is either English law or Scots law depending upon where the Partnership was formed.
 There are many common acts relating to Partnerships in both legal systems but there are also many differences for example under Scots Law a Partnership is considered to be a distinct legal entity and therefore can borrow money from a bank in the name of the Partnership.
 Under English law a Partnership is not a distinct legal entity and therefore borrowing would be in the names of the individual partners.
 Partnerships are a form of business association, which arises automatically when people carry on business with a view to a profit.
 (Partnership Act 1890 s 1).
 Partners are jointly and severally liable, just as they own the property in common.
 A limited partnership, under the Limited Partnerships Act 1907 may have sleeping partners, who if they do not partake in any business management will not be liable beyond their investments (s 6).
 A ‘partnership’ under the Limited Liability Partnerships Act 2000 is now considered a separate legal person (s 11) with limited liability (ss 1 and 14), though it is treated as a partnership for tax, and is not subject to so much regulation as would be a company.
 There must, however, be at least two partners. Registered office
A registered office is the official address of an incorporated company, association or any other legal entity.
 Generally it will form part of the public record and is required in most countries where the registered organization or legal entity is incorporated.
 A registered physical office address is required for incorporated organizations to receive official correspondence and formal notices from government departments, investors, banks, shareholders and the general public. List of government-owned companies of Ethiopia
This is a list of government-owned companies of Ethiopia.
 A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government.
 Their legal status varies from being a part of government to stock companies with a state as a regular stockholder.
 There is no standard definition of a government-owned corporation (GOC) or state-owned enterprise (SOE), although the two terms can be used interchangeably.
 The defining characteristics are that they have a distinct legal shape and they are established to operate in commercial affairs.
 While they may also have public policy objectives, GOCs should be differentiated from other forms of government agencies or state entities established to pursue purely non-financial objectives. Seat (legal entity)
In legal English, the seat of a corporation or organisation, as a legal entity, is the location of its headquarters.
<ref name="T1012/03"> Decision T 1012/03 of December 1, 2006 of the Boards of Appeal of the European Patent Office, Reasons 27.
</ref> According to international and national procedural law, "specific legal actions with legal effect for and against the legal entity can be performed at the seat of this entity."
 However, "the term 'seat' is sometimes also used in a broad sense without a specific legal meaning.
 In this case [it] only defines where an entity is located and does not mean that this location is a legal seat where specific juridical acts can be performed." List of government-owned companies
This is a list of government-owned companies.
 A government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government.
 Their legal status varies from being a part of government to stock companies with a state as a regular stockholder.
 There is no standard definition of a government-owned corporation (GOC) or state-owned enterprise (SOE), although the two terms can be used interchangeably.
 The defining characteristics are that they have a distinct legal form and they are established to operate in commercial affairs.
 While they may also have public policy objectives, GOCs should be differentiated from other forms of government agencies or state entities established to pursue purely non-financial objectives.