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Company Law

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(Querist)
09 February 2009 Respected Chartered Accountants,
1. Can you please let me know the what is the meaning of proviso?
2. What is the difference between provision and proviso?

Regards,
N.Harish Ballal.
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CA R N Mohil

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CA R N Mohil (Expert)
09 February 2009 Proviso is a stipulated condition or we can say is a clause in a document making a qualifaction , condition or restriction on other provision generally the provision immediately preceding the proviso .

Provision means rule or condition.
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N.Harish Ballal

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N.Harish Ballal (Querist)
09 February 2009 Thank You Sir,

Regards,
N.Harish Ballal.
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