Omission of section 195 removes a statutory provision from the Companies Act and alters applicable compliance obligations. Clause 65 of the Companies (Amendment) Bill effects the omission of section 195 from the principal Act, deleting that statutory provision and thereby ... Summary
Omission of section 195 removes a statutory provision from the Companies Act and alters applicable compliance obligations.
Clause 65 of the Companies (Amendment) Bill effects the omission of section 195 from the principal Act, deleting that statutory provision and thereby removing its regulatory content and any related compliance or procedural consequences from the Act's statutory text.
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