Exemption ‑ Small‑scale industrial units specified to which provisions of the section are not to apply

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..... e section are not to apply GSR 48(E).- In exercise of the powers conferred by sub‑clause (ii) of clause (a) of sub‑section (7) of section 58A of the Companies Act, 1956 (1 of 1956) and in supersession of the notification of the Government of India in the Department of Company Affairs No. G.S.R. 655(E), dated 12th September, 1984, except as respects things done or omitted to be don .....

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..... h the provisions of the Notification No. GSR 655(E), dated 12th September, 1984 applies, such company shall not, from the date of commencement of this notification, accept or renew any deposits unless it fulfils conditions (a), (b), (c) and (d) of this notification. Explanation : For the purpose of this notification (i) a small‑scale industrial unit means an industrial undert .....

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