MCA Notification exempting Defence Sector from Segment Reporting

MCA Notification exempting Defence Sector from Segment Reporting

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRA-ORDINARY, PART II, SECTION 3, SUB-SECTION (ii)]

 

GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION

 

New Delhi, the 23rd February, 2018

S.O. _ (E). - In exercise of the powers conferred by clauses (a) and (b) of sub-section(1) and sub-section (2) of section 462 of the Companies Act, 2013 (18 of 2013) theCentral Government, in the interest of public, hereby amends the notification of theGovernment 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, Subsection (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)

Joint Secretary to the Government of India

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. You May Also Refer:

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