Disclosure exemption for tea cultivation and processing companies limits Schedule VI reporting but requires inventory and purchase disclosures.
The Central Government exempts companies engaged in cultivation or processing of tea from disclosing certain Schedule VI particulars in the profit and loss account, provided they disclose the quantity and other particulars (excluding value) of green leaf tea produced and processed with opening and closing stocks, and, where green leaf tea is purchased, additionally disclose the value, quantity and particulars and opening and closing stocks of such purchases.

Delegation of administrative authority: government authorised a SEBI officer to exercise powers over specified companies law offences.
The Central Government authorises a named officer of the Securities and Exchange Board of India to exercise the government's delegated powers under the Companies Act for enforcement of designated offences, limiting the delegation to the specific company law contraventions listed in the notification and confining the authorised function to execution of statutory powers for those offences.

Delegation of government powers to Regional Directors enables local exercise of authority over directors' interested contracts under company law.
Notification GSR 563(E) dated 19 8 1993 delegates to the Regional Directors at Bombay, Calcutta, Madras and Kanpur the powers and functions of the Central Government under the proviso to section 297(1) of the Companies Act, 1956 concerning contracts in which directors are interested, and comes into force from the date of its publication in the Official Gazette.

Exemption from prior approval requirement: Western UP Chamber relieved of Central Government prior sanction obligation under companies licensing regime.
Exemption relieves the Western UP Chamber of Commerce and Industry, a licensed non profit corporate body, from the provision requiring prior Central Government approval for certain actions, removing the procedural requirement of previous sanction while leaving the substantive regulatory framework otherwise intact.