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of <h1>Government Amends Companies Act: Tamil Nadu Firms Declared Nidhis Under Notification GSR 87(E)</h1> The Central Government, exercising its powers under the Companies Act, 1956, has amended Notification No. GSR 978 dated May 28, 1963. This amendment, detailed in Notification No. GSR 87(E) dated February 15, 2013, declares certain companies as Nidhis. The companies listed include Sayar Devi Dhanmull Sowcar Benefit Fund Limited, Chrome People Benefit Fund Limited, and Popular Benefit Fund (MADRAS) Limited, all based in Tamil Nadu. These companies are added to Schedule-I of the original notification, following serial number 382. The notification also references previous amendments to the principal notification.
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