Modification of company law application to Nidhis: government declares specified firms as Nidhis and prescribes tailored applicability. Declares thirteen specified companies to be Nidhis under the power conferred by section 620A of the Companies Act and directs that provisions of the Act listed in Schedule III of the principal notification shall not apply or shall apply with exceptions, modifications and adaptations set out in the corresponding entries. The notification amends Schedule I of the principal notification by adding serial entries identifying the newly declared Nidhis.
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Provisions expressly mentioned in the judgment/order text.
Modification of company law application to Nidhis: government declares specified firms as Nidhis and prescribes tailored applicability.
Declares thirteen specified companies to be Nidhis under the power conferred by section 620A of the Companies Act and directs that provisions of the Act listed in Schedule III of the principal notification shall not apply or shall apply with exceptions, modifications and adaptations set out in the corresponding entries. The notification amends Schedule I of the principal notification by adding serial entries identifying the newly declared Nidhis.
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