TMI BlogAmendment of section 149X X X X Extracts X X X X X X X X Extracts X X X X ..... principal Act, in sub-section (9), the following proviso shall be inserted, namely:- "Provided that if a company has no profits or its profits are inadequate, an independent director may receiv ..... X X X X Extracts X X X X X X X X Extracts X X X X
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