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of <h1>Corporate Governance Update: Monetary Thresholds Removed from Companies Act Section 2 Clauses 68 and 71</h1> The amendment modifies Section 2 of the Companies Act, 2013 by removing specific monetary thresholds related to paid-up share capital in two clauses. The changes eliminate references to one lakh rupees in clause (68) and five lakh rupees in clause (71), effectively adjusting the definition and scope of certain corporate provisions without specifying replacement values.
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