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Companies Act, 1956

Section - 7 - Interpretation of person in accordance with whose directions or instructions directors are accustomed to act

Interpretation of "person in accordance with whose directions or instructions directors are accustomed to act".

7.     Except where this Act expressly provides otherwise, a person shall not be deemed to be, within the meaning of any  provision in this Act, a person in accordance with whose directions or instructions the Board of directors of a company is accustomed to act, by reason only that the Board acts on advice given by him in a professional capacity.

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