Disclosure obligations in directors' reports governed by specified rules establishing statutory basis and commencement. The Companies (Disclosure of Particulars in the Report of Board of Directors) Rules, 1988 are designated by that short title and are declared to come into force on the first day of April following notification; they are made by the Central Government under powers conferred by the Companies Act, 1956 and were notified as GSR 1029 dated December 31, 1988.
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Provisions expressly mentioned in the judgment/order text.
Disclosure obligations in directors' reports governed by specified rules establishing statutory basis and commencement.
The Companies (Disclosure of Particulars in the Report of Board of Directors) Rules, 1988 are designated by that short title and are declared to come into force on the first day of April following notification; they are made by the Central Government under powers conferred by the Companies Act, 1956 and were notified as GSR 1029 dated December 31, 1988.
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