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of <h1>Central Government Authorizes Institutions for Share Capital Issuance Under Companies Act, Section 81(3)(b)</h1> The notification, issued under the Companies Act, 1956, specifies institutions authorized by the Central Government for further share capital issuance under section 81(3)(b). The listed institutions include the Industrial Finance Corporation of India, Life Insurance Corporation of India, Unit Trust of India, Industrial Development Bank of India, and several others involved in finance, insurance, and development sectors. These entities are designated for specific purposes related to share capital expansion, as outlined in the notification dated July 30, 1977, and subsequently amended on various dates.
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