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of <h1>Companies Act Amendment: Mandatory Disclosure of Specified Bank Notes Transactions from Nov 8 to Dec 30, 2016.</h1> The Central Government has amended Schedule III of the Companies Act, 2013, effective from the notification's publication date. The amendment requires companies to disclose details of Specified Bank Notes (SBN) held and transacted between November 8, 2016, and December 30, 2016. This disclosure must include the closing cash in hand as of November 8, 2016, permitted receipts, permitted payments, amounts deposited in banks, and the closing cash in hand as of December 30, 2016. The term 'Specified Bank Notes' is defined as per a notification by the Ministry of Finance dated November 8, 2016.
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