Consider the following statement(s). I. The government is the only shareholder in some of the companies. II. Provision of the companies act does not have relevance. III. A separate act in parliament is not required. Which of the statement(s) given above is/are correct?

• A.  I and II                                    
• B.  II and III
• C.                     I and III                                   
• D.  All of these