Nidhi status conferred on ICS Benefit Fund Limited; specified Companies Act provisions exempted or modified in its application. ICS Benefit Fund Limited is declared a Nidhi and the Central Government, under Section 620A of the Companies Act, 1956, directs that specified provisions of the Act listed in Schedule III to an earlier notification shall not apply, or shall apply with the exceptions, modifications and adaptations set out in the corresponding entries; the notification amends Schedule I by adding the declared entity.
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 status conferred on ICS Benefit Fund Limited; specified Companies Act provisions exempted or modified in its application.
ICS Benefit Fund Limited is declared a Nidhi and the Central Government, under Section 620A of the Companies Act, 1956, directs that specified provisions of the Act listed in Schedule III to an earlier notification shall not apply, or shall apply with the exceptions, modifications and adaptations set out in the corresponding entries; the notification amends Schedule I by adding the declared entity.
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