Schedule VI - Section 25 Companies

This query is : Resolved 

03 June 2010 Dear Members,

Kindly let me know whether Schedule VI is applicable to Section 25 companies or not.

How can one determine the same.

Your early reply is highly appreciated.

Warm Regards,

Sweta

03 June 2010 Schedule VI is applicable to all companies whether public or private,except to any insurance/banking/electricity company.Pl refer section 211 and 616 of the Companies Act,1956.


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