Modification in sections 100-103,391,392 and 394 of the Companies Act 1956. - G.S.R. 238. - Companies Law

MINISTRY OF COMPANY (Department of Company Affairs) NOTIFICATION New Delhi, the 02 nd February, 1978 Subject:- Modification in sections 100-103,391,392 and 394 of the Companies Act 1956. G.S.R. 238.- In exercise of the powers conferred by sub-section 620 of the Companies Act, 1956 (1 of 1956), the Central Government hereby directs that the provisions of sections 100, 101, 102, 103, 391, 392, and 394 of the said Act, shall apply to a Government company with the modifications set out below. A copy of this notification having been laid in draft before both Houses of Parliament as a required by sub-section (2) of that section. MODIFICATIONS (1). In section 100, 101, 102, 103, 391 and 394 for the Words Court , wherever it occurs, the words Central Government shall be substituted; (2). In section 391 sub-section (7) shall be omitted. (3). In sub-section (1) of section 392, for the words High Court , the words the Central Government shall be Substituted. [F. No. 15/16/76-IGC] B.B. BARURI, Under secy.