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Amendment of section 117

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....(i) in sub-section (1), the words and figures "within the time specified under section 403" shall be omitted; (ii) in sub-section (2),- (a) for the words and figures "under section 403 wit....

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.... proviso, the word "and" shall be omitted and the following proviso shall be inserted, namely:- "Provided further that nothing contained in this clause shall apply to a banking company in res....