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Notifications notifying provisions of the Act as not applicable or applicable with modification in relation to Government companies - GSR 580(E), - Companies LawExtract Notification : No. GSR 580(E), dated 16 ‑ 7 ‑ 1985. Subject:- Notifications notifying provisions of the Act as not applicable or applicable with modification in relation to Government companies GSR 580(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), and in supersession of the notification of the Government of India in the Ministry of Law, Justice and Company Affairs, Department of Company Affairs No. GSR 231, dated the 31st January, 1978, the Central Government hereby directs that section 205A of the said Act shall not apply to a Government company in which entire paid‑up share capital is held by the Central Government or by any State Government or Governments or by the Central Government and one or more State Governments 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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