Exceptions and modifications with which sub-section (1) applies to a foreign company

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... pany GSR 59.- In exercise of the powers conferred by the proviso to sub-section (1) of section 594 of the Companies Act, 1956 (1 of 1956) (hereinafter referred to as the Act ), and in partial modification of the notification of the Government of India in the Ministry of Finance (Department of Company Law Administration), SRO No. 3216, dated 4-10-1957, the Central Government hereby directs t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of the law in that country; and ( ii ) a copy of the balance sheet and profit and loss account referred to in item ( i ) above, prepared in accordance with the provisions of Schedule VI to the Act, subject to the following further modifications : ( a ) any information or particulars not required to be disclosed in the accounts prepared in the country of incorporation by virtu .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... uired to be annexed to the balance sheet under section 372(9) of the Act need be only in respect of body corporate incorporated in India as are deemed to be in the same group as the company; ( f ) disclosure required in note ( i ) to Part I of Schedule VI to the Act of amounts due from other companies under the same management need not be only in respect of such dues from companies re .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X