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Section 4A of the Companies Act, 1956 - Public Financial Institutions - Guidelines for declaring financial institution as Public Financial

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.... 4A of the Companies Act, 1956 was inserted by the Companies (Amendment) Act, 1974 (41 of 1974) with effect from 1st February, 1975 sub-section (2) of section 4A of the Act empowers the Central Government that subject to the provision of sub-section (1) of the Act, to notify in the Official Gazette such other institutions as it may think fit to be a public financial institution (PFI). 2. In the p....