MCA MADE IT MANDATORY TO DISCLOSE DETAILS OF TRANSACTIONS MADE BY COMPANY IN ‘SPECIFIED BANK NOTES’

Ministry of corporate affairs has vide its notification dated 30th March, 2017, has made amendments in  Schedule III of the Companies Act, 2013. As per these amendments every company has to disclose the details of Specified Bank Notes (SBNs) held and transacted during demonetization period from ‘8th November 2016 to 30th December 2016’ in a specified format prescribed by Ministry.

You can download the full notification form below:

http://egazette.nic.in/WriteReadData/2017/175073.pdf

For Kashif Ali & Associates

CS Mohd Saqib

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