Government of India
Ministry of Corporate Affairs
New Delhi, the 07 November, 2013
S.O. …..(E) …….In exercise of the Powers conferred by sub-section (6) of section 25 of the Companies Act, 1956 (1 of 1956) (hereinafter referred to as the said Act), the Central Government hereby directs that in respect of companies incorporated with the name containing the phrase “electoral trust” in accordance with the provisions of the Electoral Trusts Scheme, 2013, published vide number S.O. 309(E), dated 31st January 2013, and to which licence is granted under section 25 of the said Act, the application of provisions of clause (b) of sub-section (1) and sub-section (2) of section 293A of the said Act shall be wholly exempted.
F. No. 17/27/2013-CL-V
Joint Secretary to the Govt. of India