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Amendment of section 135

Section 37 - Acts - Companies (Amendment) Act, 2017 - Section 37 - 37. In section 135 of the principal Act,- (i) in sub-section (1),- (a) for the words "any financial year", the words "the immediately preceding financial year" sha .....

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Committee two or more directors."; (ii) in sub-section (3), in clause (a), for the words and figures "as specified in Schedule VII", the words and figures "in areas or subject, specified in Schedule VII" shall be substituted .....

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