Nothing in sections to to apply to Government companies, etc :
Section – 108F. Nothing contained in [except sub-section (2) thereof] shall apply to the transfer of any share to, and nothing in or or shall apply to the transfer of any share by—
(a ) any company in which not less than fifty-one per cent of the share capital is held by the Central Government;
(b ) any corporation (not being a company) established by or under any Central Act ;
(c ) any financial institution.