Power to exempt class or classes of companies from provisions of this Act.

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....ons of this Act. 462. (1) The Central Government may in the public interest, by notification direct that any of the provisions of this Act,-- (a) shall not apply to such class or classes of compan....

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.... more successive sessions, and if, before the expiry of the session immediately following the session or the successive sessions aforesaid, both Houses agree in disapproving the issue of the notificat....