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<h1>Government notification power: authority to exempt or modify Companies Act provisions for Jammu and Kashmir companies.</h1> Central Government may, by notification in the Official Gazette, direct that specified provisions of the Companies Act shall not apply, or shall apply only with such exceptions, modifications, or adaptations as specified, to existing companies in Jammu and Kashmir and to companies registered in that State under the Act after the commencement of the Central Laws (Extension to Jammu and Kashmir) Act.