467. Power of Central Government to amend Schedules
(1) Subject to the provisions of this section, the Central Government may, by
notification, alter any of the regulations, rules, Tables, forms and other provisions contained
in any of the Schedules to this Act.
(2) Any alteration notified under sub-section (1) shall have effect as if enacted in this
Act and shall come into force on the date of the notification, unless the notification otherwise
directs:
Provided that no such alteration in Table F of Schedule I shall apply to any company
registered before the date of such alteration.
(3) Every alteration made by the Central Government under sub-section (1) shall be
laid as soon as may be after it is made before each House of Parliament while it is in session
for a total period of thirty days which may be comprised in one session or in two or more
successive sessions, and if, before the expiry of the session immediately following the
session or the successive sessions aforesaid, both Houses agree in making any modification
in the alteration, or both Houses agree that the alteration should not be made, the alteration
shall thereafter have effect only in such modified form or be of no effect, as the case may be;
so, however, that any such modification or annulment shall be without prejudice to the
validity of anything previously done in pursuance of that alteration.