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    <title>Government issues final notifications under section 462 of the Companies Act, 2013 (Act) that provide Exemptions under various provisions of the Act to (i) Private Companies (ii) Government Companies (iii) Section 8 Companies and (iv) Nidhis</title>
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    <description>Statutory exemptions provide targeted relaxations for private, government, charitable companies and nidhis: private companies obtain eased rules on related party transactions, ESOP approval, meeting procedures, deposit acceptance, share capital types, audit assignment thresholds and conditional lending to directors; government companies receive modified limits on remuneration and directorships, relaxed committee and related-party compliance, and sector-specific exemptions; charitable companies and nidhis are granted streamlined notice regimes, reduced governance obligations and conditional flexibility on placements, dividends and loans, with requisite disclosure requirements.</description>
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