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of <h1>Central Government Declares Subam Benefit Fund Limited a Nidhi Under Section 620A of Companies Act, 1956</h1> The Central Government, exercising its powers under Section 620A of the Companies Act, 1956, has declared Subam Benefit Fund Limited, located in Tamil Nadu, as a Nidhi. This notification, dated April 4, 1994, specifies that certain provisions of the Companies Act, as outlined in Schedule HI of a previous government notification (G.S.R. 978, dated May 28, 1963), will either not apply or will apply with specified exceptions, modifications, and adaptations to Subam Benefit Fund Limited. An amendment to the notification adds Subam Benefit Fund Limited as item 143 in Schedule I.
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