Exemption under Section 211 of Companies Act 1956. - Exemption from disclosing certain particulars in their profit and loss account in case of specified companies

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..... ] Government of India Ministry of Corporate Affairs NOTIFICATION New Delhi; the 8th February, 2011 S.O. 301 (E). In exercise of the powers conferred by sub-section (3) of section 211 of the Companies Act, 1956 (1 of 1956), the Central Government, being of the opinion that it is necessary to grant exemption in the public interest, hereby exempts following classes of compa .....

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..... paragraphs 4-D (a) to (e) except (d). 4. Hotel companies (including Restaurants); paragraphs 3(i)(a) and 3(ii)(d) 5. Manufacturing companies/multi-product companies; paragraphs 3(i)(a) and 3(ii)(a). 6. Trading companies; paragraphs 3(i)(a) and 3(ii)(b). 2. Conditions A.The Board of Directors of the Company has given c .....

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..... to in serial numbers 5 and 6 of the Table shall be applicable only for those goods which form less than ten percent of the total value of turnover, purchase, consumption of raw material etc, as the case may be; 4.This notification shall be applicable in respect of balance sheet and profit and loss accounts prepared in respect of the financial year ending on or after the 31st March, 2011. .....

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