Modification of Act for Nidhis permits government to exempt or adapt provisions, subject to parliamentary draft approval. The Central Government may, by notification, exempt any Nidhi or class of Nidhis from specified provisions of the Act or permit those provisions to apply with specified exceptions, modifications and adaptations, provided the Nidhi conforms to prescribed rules; every such draft notification must be laid before both Houses of Parliament and may be disapproved or modified by them before issue.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Modification of Act for Nidhis permits government to exempt or adapt provisions, subject to parliamentary draft approval.
The Central Government may, by notification, exempt any Nidhi or class of Nidhis from specified provisions of the Act or permit those provisions to apply with specified exceptions, modifications and adaptations, provided the Nidhi conforms to prescribed rules; every such draft notification must be laid before both Houses of Parliament and may be disapproved or modified by them before issue.
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