Clarification regarding effective date of Companies (Particulars of employees)Amendment Rules,2011 - Companies Law - 23/2011

General Circular No. 23/2011 Government of India Ministry of Corporate Affairs 5 th Floor, A Wing, Shastri Bhawan, Dr. R.P. Road, New Delhi Date:- 03.05.2011 To All Regional Directors All Registrar of Companies Subjects:- Clarification regarding effective date of Companies (Particulars of employees)Amendment Rules,2011 The Ministry had notified Companies (Particulars of Employees) Amendment Rules, 2011 vide GSR 289 (E), dated 31-3-2011 raising the limit of employee s salary to be disclosed in Directors Report. 2. In this regard, it is clarified that the said notification shall be applicable to all Director s Reports under section 217 of the Companies Act, 1956 approved by the Board of Directors on or after 1-4-2011, irrespective of the accounting year of the annual account, being approved by the Board. Yours Faithfully (Monika Gupta) Assistant Director