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<h1>Sections 349 and 350 of Companies Act, 1956, don't apply to private companies unless they are public company subsidiaries.</h1> Sections 349 and 350 of the Companies Act, 1956, are not applicable to private companies unless they are subsidiaries of a public company. This provision was amended by the Companies (Amendment) Act, 2000, which replaced the original reference to sections 348 to 354 with sections 349 and 350, effective from December 13, 2000.