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of <h1>Companies Must Disclose Specifics in Directors' Reports for Transparency Under 1988 Rules, Effective April 1, 1989.</h1> The Companies (Disclosure of Particulars in the Report of the Board of Directors) Rules, 1988, effective from April 1, 1989, are applicable to companies whose annual accounts have closed on or after this date. These rules mandate the disclosure of specific particulars in the Board of Directors' report, ensuring transparency and compliance with the updated legal requirements.
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