Removal of proviso in section 379(1) of Companies Act clarifies statutory application under the Amendment Act. The Companies (Amendment) Act, 2020 omits the proviso to subsection (1) of section 379, effecting a textual change that removes the proviso while leaving ... Summary
Removal of proviso in section 379(1) of Companies Act clarifies statutory application under the Amendment Act.
The Companies (Amendment) Act, 2020 omits the proviso to subsection (1) of section 379, effecting a textual change that removes the proviso while leaving the remainder of subsection (1) to operate according to its existing text as amended.
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