Nidhi declaration: Subam Benefit Fund Limited designated as Nidhi, exempting specified Companies Act provisions under central notification. Central Government, exercising powers under section 620A, declares Subam Benefit Fund Limited, Tamil Nadu, to be a Nidhi and directs that specified provisions of the Companies Act shall not apply or shall apply with the exceptions, modifications and adaptations set out in the corresponding entries of the annexed Schedule to the earlier Government notification; the notification amends that Schedule by adding an entry identifying Subam Benefit Fund Limited.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Nidhi declaration: Subam Benefit Fund Limited designated as Nidhi, exempting specified Companies Act provisions under central notification.
Central Government, exercising powers under section 620A, declares Subam Benefit Fund Limited, Tamil Nadu, to be a Nidhi and directs that specified provisions of the Companies Act shall not apply or shall apply with the exceptions, modifications and adaptations set out in the corresponding entries of the annexed Schedule to the earlier Government notification; the notification amends that Schedule by adding an entry identifying Subam Benefit Fund Limited.
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