Financial statement format requirements: prescribed forms, mandatory accounting principles, and compliance with notified accounting standards. The Authority must maintain accounts in the prescribed forms annexed to the rules, follow Central Government accounting principles and instructions, and prepare financial statements that give a true and fair view and comply with the Accounting Standards notified under section 133 of the Act.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Financial statement format requirements: prescribed forms, mandatory accounting principles, and compliance with notified accounting standards.
The Authority must maintain accounts in the prescribed forms annexed to the rules, follow Central Government accounting principles and instructions, and prepare financial statements that give a true and fair view and comply with the Accounting Standards notified under section 133 of the Act.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.