Notifications notifying provisions of the Act as not applicable or applicable with modification in relation to Government companies - GSR 1649, - Companies Law

Notification : No. GSR 1649, dated 13 ‑ 11 ‑ 1956. Subject:- Notifications notifying provisions of the Act as not applicable or applicable with modification in relation to Government companies GSR 1649.- In exercise of the powers conferred by sub‑section (1) of section 620 of the Companies Act, 1956 (1 of 1956), the Central Government hereby directs that the provisions of sections 21 and 23 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 required by sub‑section (2) of that section: Modifications : (1) To section 21, the following proviso shall be added namely: Provided that nothing in this section shall apply to a Government company where the change in its name consists only in the deletion of the word Private therefrom. (2) In section 23, after sub‑section (1), the following sub‑section shall be inserted, namely: (1A) Where the change in the name of a Government company consists only in the deletion of the word Private therefrom, that Government company shall, not later than three months from the date thereof, inform the Registrar of the aforesaid change and thereupon the Registrar shall delete the word Private before the word Limited in the name of the company upon the register and shall also make the necessary alterations in the certificate of incorporation issued to the company.