Companies Act, 1956

Section - 108F - Nothing in sections 108A to 108D to apply to Government companies, etc.

Nothing in sections to to apply to Government companies, etc.

108F. Nothing contained in [except sub-section (2) thereof] shall apply to the transfer of any share to, and nothing in or or shall apply to the transfer of any share by—

         (a)  any company in which not less than fifty-one per cent of the share capital is held by the Central Government;

         (b)  any corporation (not being a company) established by or under any Central Act ;

          (c)  any financial institution.

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