Declaration of public financial institutions expands specified entities, altering their regulatory designation and obligations under company law. The Central Government, exercising its statutory power under the Companies Act, amends the principal Gazette notification to specify six additional named institutions as public financial institutions by inserting their entries into the established list of such institutions, thereby extending the regulatory designation to those entities and recording the amendment and administrative references.
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Declaration of public financial institutions expands specified entities, altering their regulatory designation and obligations under company law.
The Central Government, exercising its statutory power under the Companies Act, amends the principal Gazette notification to specify six additional named institutions as public financial institutions by inserting their entries into the established list of such institutions, thereby extending the regulatory designation to those entities and recording the amendment and administrative references.
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