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Section 11
Amendment
to Section 13 of the Principal Act
After sub-section (9) of Section 13 of the Principal Act, the following sub-section (10) is added:-
“(10) Notwithstanding anything contained elsewhere in this section, any public If the company buys twenty-five percent or more shares of a private company, the provisions of Sections 77, 78, 79, 89, 92, 93, 96, 108, 109, 111, 164 shall apply to such private company with necessary modifications. /p>