Section 2(1)(i) in The Gujarat Public Works Contracts Disputes Arbitration Tribunal Act, 1992
(i)"public undertaking" means-(i)any company as defined in Section 3 of the Companies Act, 1956 (1 of 1956) in which not less than fifty-one per cent, of the paid up share capital is held by the State Government or any company which is a subsidiary (within the meaning of that Act) of the first mentioned company,(ii)any corporation (not being a company as defined in Section 3 of the Companies Act, 1956 (1 of 1956) or local authority) established by or under a Central Act or a State Act and owned or controlled by the State Government,(iii)such class of local authorities as the State Government may by notification in the Official Gazette, specify;