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A number of representations/ references have been received from trade seeking waiver of the requirement of Bank Guarantee against the imported goods to be warehoused in the Public or Private Bonded Warehouse on various grounds.
—In exercise of the powers conferred by Sub-section (l ) of Section 2I0A of the Companies Act, 1956 (1 of_1956), the Central Government hereby makes the following amendment in the notification of Government of India, in the Ministry of Company Affairs, published in the Gazette of India,