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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>New Proviso Added to Section 77: Certain Charges Exempted in Consultation with RBI Under Companies (Amendment) Act 2017.</h1> Section 77 of the principal Act has been amended by the Companies (Amendment) Act, 2017. A new proviso is added to sub-section (1), stating that the section shall not apply to certain charges prescribed in consultation with the Reserve Bank of India.