tag:blogger.com,1999:blog-3202774368551476669.post1408723547969336758..comments2023-09-15T16:21:31.980+05:30Comments on INDIAN CORPORATE LAW: MCA’s Exemption Notification for Government CompaniesUmakanth Varottilhttp://www.blogger.com/profile/12438677982004444359noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3202774368551476669.post-44183044945284056702015-07-29T12:43:36.846+05:302015-07-29T12:43:36.846+05:30point no.7 - exemptions under section 170 is not o...point no.7 - exemptions under section 170 is not only limited to appointment but also changes. in other words, the wholly owned government companies need not file dir-12 not only for appointments but for cessations also.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3202774368551476669.post-47490289552204936582015-07-06T16:05:53.299+05:302015-07-06T16:05:53.299+05:30Point number 12 in "I. Exemption to all Gover...Point number 12 in "I. Exemption to all Government Companies" is incorrect as it only applies in the case of "II. Exemption to such Government Companies whose 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:" and "Exemption to subsidiary of a Government company referred to in (II), in which the entire paid up share capital is held by that Government Company".Anonymousnoreply@blogger.com