Government of India Updates Schedule VI of Companies Act, 1956 on Rounding of Figures, Effective August 2002.

The circular issued by the Government of India's Ministry of Finance and Company Affairs, dated August 8, 2002, addresses alterations in Schedule VI of the Companies Act, 1956, specifically concerning the rounding of figures. Notification No. G.S.R. 545(E) dated August 1, 2002, details these changes. The document is directed to all Regional Directors and Registrars of Companies, requesting acknowledgment of receipt. The circular aims to inform relevant parties about the notification published in the Gazette of India for their information and necessary action.