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July 2011

Vide Ciruclar No. 32/2011, dated 31st May 2011, the Ministry has issued clarifications u/s. 616 (C) the Companies Act, 1956 pertaining to depreciation for the purpose of declaration of dividend u/s. 205 in case of Companies engaged in the generation or supply of electricity

By Sejal Vasa, Company Secretary
Reading Time 1 mins
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For further information:

http://www.mca.gov.in/Ministry/pdf/Circular_32-2011 _31may2011.pdf

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