Companies Act, 1990
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Restriction of certain provisions of Companies Acts. |
260.—(1) None of the following provisions of the Principal Act shall apply to an investment company, namely sections 60, 69, 70, 72, 119 and 125. | |
(2) None of the following provisions of the Companies (Amendment) Act, 1983 , shall apply to an investment company, namely sections 5 (2), 23 to 25, 40, 41 and Part IV. | ||
(3) Section 14 of the Companies (Amendment) Act, 1986 , shall not apply to an investment company. | ||
(4) None of the following provisions of this Act shall apply to an investment company, namely Chapters 2 to 4 of Part IV , and Part XI . |