Insolvency and Bankruptcy Board of India Rules 2018: Format for Annual Financial Statements and Schedule I Details
The Insolvency and Bankruptcy Board of India (Form of Annual Statement of Accounts) Rules, 2018, outlines the format for presenting the annual financial statements. Schedule I specifies the fund's financial details, including the opening balance, contributions received, and adjustments for net income or expenditure. It concludes with the balance at the year's end, expressed in Indian Rupees. This schedule was introduced through a notification dated May 1, 2018.
Full Summary is availble for active users!
Note: It is a system-generated summary and is for quick
reference only.