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Government Companies - Power to modify Act ‑ Notifications notifying provisions of the Act as not applicable or applicable with modification in relation to Government companies - GSR 578(E), - Companies LawExtract Notification : No. GSR 578(E), dated 16 ‑ 7 ‑ 1985. Subject:- Government Companies - Power to modify Act ‑ Notifications notifying provisions of the Act as not applicable or applicable with modification in relation to Government companies GSR 578(E).- In exercise of the powers conferred by clause (a) of sub‑section (1) of section 620 of the Companies Act, 1956 (1 of 1956), the Central Government hereby directs that sections 165,187D, 294 and sub‑sections (2) and (3) of section 294AA of the said Act shall not apply to a Government company, a copy of this Notification having been laid in draft before both Houses of Parliament as required by sub‑section (2) of section 620 of the said Act.
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