"(4) An order of the Tribunal confirming a scheme under this 46 THE GAZETTE OF INDIA EXTRAORDINARY [PART I I - lS of 2013.
section whereby the memorandum of a company is altered with respect to its objects shall as respects the alteration have effect as if it were an order confirmed under section 4 of the Companies Act, 2013, and the provisions of sections 7 and 17 of that Act shall apply accordingly.".
68. Section 59 of the Insurance Act shall be omitted. Omission of section 59.
69. In Part II A of the Insurance Act, for the heading Amendment ."INSURANCE ASSOCIATION OF INDIA, COUNCILS OF of heading.
THE ASSOCIATION AND COMMITTEES THEREOF" the following heading shall be substituted, namely:— "LIFE INSURANCE COUNCIL AND GENERAL INSURANCE COUNCIL AND COMMl'lTEES THEREOF.".
70. Sections 64A and 64B of the Insurance Act, shall be omitted.