Approval under section 10(23G) for a Kasargod power project, conditional on compliance, audited accounts and furnishing audit report. Approval is granted to Kasargod Power Corporation Pvt. Ltd.'s Kasargod power project for the purposes of section 10(23G) read with rule 2E, subject to compliance with those provisions. The approval is conditional on maintaining books of account, obtaining an audit by an accountant as required by sub rule (7) of rule 2E, and furnishing the audit report; the Central Government may withdraw approval if the undertaking ceases to carry on an infrastructure facility or fails the accounting or reporting requirements.
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Provisions expressly mentioned in the judgment/order text.
Approval under section 10(23G) for a Kasargod power project, conditional on compliance, audited accounts and furnishing audit report.
Approval is granted to Kasargod Power Corporation Pvt. Ltd.'s Kasargod power project for the purposes of section 10(23G) read with rule 2E, subject to compliance with those provisions. The approval is conditional on maintaining books of account, obtaining an audit by an accountant as required by sub rule (7) of rule 2E, and furnishing the audit report; the Central Government may withdraw approval if the undertaking ceases to carry on an infrastructure facility or fails the accounting or reporting requirements.
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