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Amendment of section 177

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Full Text of the Document

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.... the proviso, the following provisos shall be inserted, namely:- "Provided further that in case of transaction, other than transactions referred to in section 188, and where Audit Committee does not approve the transaction, it shall make its recommendations to the Board: Provided also that in case any transaction involving any amount not exceeding one crore rupees is entered into by a dir....

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