Companies Act

Companies engaged in defence production exempted from segment reporting-MCA Notification

Companies engaged in defence production exempted from segment reporting-MCA Notification

 

MINISTRY OF CORPORATE AFFAIRS

NOTIFICATION

New Delhi, the 23rd February, 2018

S.O. 802(E).— In exercise of the powers conferred by clauses (a) and (b) of sub-section (1) and subsection (2) of section 462 of the Companies Act, 2013 (18 of 2013), the Central Government, in the interest of public, hereby amends the notification of the Government of India in the Ministry of Corporate Affairs number G.S.R. 463(E) dated the 5th June, 2015 published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (i), dated the 5th June 2015 , namely:—

2. In the said notification, in the Table, for serial number 8 and entries relating thereto, the following serial number and entries shall be respectively substituted, namely:—

(1) (2) (3)
“8. Chapter IX, section 129. Shall not apply to the companies engaged in defence production to the extent of application of relevant Accounting Standard on segment reporting”.

[F. No. 1/2/2014-CL-V]

K.V.R. MURTY, Jt. Secy.

Note : The Principal Notification was published in the Gazette of India, Extra-ordinary, Part-II, Section-3, Sub-Section (i) vide G.S.R. 463(E) dated the 5th June, 2015 and was subsequently amended vide notification number G.S.R. 582 (E) dated 13th June, 2017.

Share

Recent Posts

  • GST

Goods loaded in two trucks with one e-way bill stating both truck numbers – No evasion

When goods are loaded in two trucks with one e-way bill specifically mentioning both truck numbers, no intention to evade…

19 hours ago
  • Labour Laws

GOI makes four new Labour Codes  effective from 21st November 2025

GOI makes four new Labour Codes  effective from 21st November 2025 Government of India has announced that the four Labour…

20 hours ago
  • EPFO

Provident fund dues have first charge over claim of bank under SARFAESI Act – SC

Provident fund dues definitely have a first charge over claim of bank under SARFAESI Act – Supreme Court In a…

1 day ago
  • Income Tax

CBDT notifies the Capital Gains Accounts (Second Amendment) Scheme, 2025

CBDT notifies the Capital Gains Accounts (Second Amendment) Scheme, 2025 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT…

2 days ago
  • contract-law

UP Govt. notifies reduced rate of registration/stamp duty fees on lease agreements

Uttar Pradesh Government has notified reduced / concessional rate of registration and stamp duty fees on lease / rent agreements.…

2 days ago
  • Income Tax

First-time experience in filing appeal a reasonable & bona fide cause for delay

First-time experience in filing appeal was a reasonable and bona fide cause for delay – ITAT condoned delay In a…

4 days ago