Power to modify Act ‑ Notifications notifying provisions of the Act as not applicable or applicable with modification in relation to Government companies - GSR 234, - Companies Law
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Modification of Companies Act provisions: director appointment and retirement rules rendered inapplicable to wholly government owned companies. Central Government notification exempts companies wholly owned by the Central Government and/or State Governments from the Companies Act provisions ... Summary
Modification of Companies Act provisions: director appointment and retirement rules rendered inapplicable to wholly government owned companies.
Central Government notification exempts companies wholly owned by the Central Government and/or State Governments from the Companies Act provisions governing appointment and retirement of directors, directing that those provisions shall not apply to such government companies and thereby modifying statutory applicability for that class of entities.
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