Modification of Companies Act application to Nidhis: specified companies declared Nidhis with tailored applicability and exemptions. Declaration under section 620A that the listed companies are to be treated as Nidhis, subject to the directions of prior Government notifications; certain provisions of the Companies Act are excluded or applied with specified exceptions, modifications and adaptations; and Schedule I of the earlier notification is amended to add the named companies as recognised Nidhis.
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.
Modification of Companies Act application to Nidhis: specified companies declared Nidhis with tailored applicability and exemptions.
Declaration under section 620A that the listed companies are to be treated as Nidhis, subject to the directions of prior Government notifications; certain provisions of the Companies Act are excluded or applied with specified exceptions, modifications and adaptations; and Schedule I of the earlier notification is amended to add the named companies as recognised Nidhis.
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