Air Companies Act, 1966
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Restriction on alteration of memoranda and articles of association of the air companies. |
16.—Notwithstanding anything contained in the Companies Act, 1963 , or in the memorandum or articles of association of an air company, an alteration in the said memorandum or articles shall not be valid or effectual unless made with the previous approval of the Minister given with the consent of the Minister for Finance. |