Scope of securities accounting exclusions: interest/dividend recognition, insurance-held securities, and securities of mutual funds and banks. The application of ICDS-VIII excludes: the basis for recognition of interest and dividends on securities (covered by ICDS IV); securities held by insurers; and securities held by mutual funds, venture capital funds, banks and public financial institutions formed under statute or declared under the Companies 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.
Scope of securities accounting exclusions: interest/dividend recognition, insurance-held securities, and securities of mutual funds and banks.
The application of ICDS-VIII excludes: the basis for recognition of interest and dividends on securities (covered by ICDS IV); securities held by insurers; and securities held by mutual funds, venture capital funds, banks and public financial institutions formed under statute or declared under the Companies Act.
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