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Memorandum of Association.......

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....any to insert in its memorandum, or in its articles, or partly in the one and partly in the other, such conditions of the licence as may be specified by ^[2][the Regional Director] in this behalf. ....

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Full Text of the Document

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.... to pay in good faith, with the previous approval of the Central Government, reasonable and proper remuneration to any of its members in return for any services (not being services of a kind which are....