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of <h1>Central Government Delegates Powers Under Companies Act Section 94(5) to Regional Directors in Key Cities</h1> The Central Government, under section 458 of the Companies Act, 2013, delegates its powers and functions under section 94(5) of the Act to Regional Directors located in Mumbai, Kolkata, Chennai, Noida, Ahmedabad, Hyderabad, and Shillong. This delegation is conditional, allowing the Central Government to revoke the delegation or exercise the powers itself if deemed necessary for public interest. This notification becomes effective upon its publication in the Official Gazette.
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