Prescribed authority for the purposes of section 5(1)(xxxiv)

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....xiv). 1AA. For the purposes of clause (xxxiv) of sub-section (1) of section 5,-- (i) the Chief Controller of Imports and Exports, Ministry of Commerce, Government of India, shall be the "prescribe....

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....uthority" for certifying that an issue of equity share capital has been made by a company after the 31st day of March, 1976, for the purposes of expansion or diversification of its industrial undertak....