Norms for revenue recognition and classification of assets applicable to Nidhi or Mutual Benefit Society - Companies Law - 11/2002

General Circular No. 11/2002 No: 5/7/2000-CL-V Government of India Ministry of Law, Justice Company Affairs Department of Company Affairs 5 th floor, `A' Wing, Shastri Bhavan, Dr. R.P. Road, New Delhi. Dated: 10.05.2002 Subjects:- Circulation of following Notifications:- (i)GSR 308(E); 30.04.2002-Certain directions to be complied by Nidhi and Mutual Benefit Society - (Amendment to Notification No. GSR 555(E) dated 26.07.01) (ii) GSR 309(E); 30.04.2002-Norms for revenue recognition and classification of assets applicable to Nidhi or Mutual Benefit Society - (Supersession of Notification No. GSR 556(E) dated 26.07.01). To All Regional Directors All Registrar of Companies/All Official Liquidators Sir, I am directed to forward herewith a copy of the following Notifications published in the Gazette of India (Extraordinary) for your information and necessary action:- S.No. No. and Date of publication of the Notification Subject 1. GSR 308(E); 30.04.2002 Certain directions to be complied by Nidhi and Mutual Benefit Society - (Amendment to Notification No. GSR 555(E) dated 26.07.01). 2. GSR 309(E); 30.04.2002 Norms for revenue recognition and classification of assets applicable to Nidhi or Mutual Benefit Society - (Supersession of Notification No. GSR 556(E) dated 26.07.01). 2. Please acknowledge the receipt. Yours faithfully, (E. Selvaraj) Joint Director Tel. No. 338 9204