Exemption under Section 211 of Companies Act 1956. - Exemption from disclosing certain particulars in their profit and loss account in case of specified companies - S.O. 300 (E) - Companies Law

Exemption from investment disclosure allows public financial institutions to limit prescribed disclosures subject to category and threshold conditions.

Exemption is granted to Public Financial Institutions from certain Schedule VI investment disclosure requirements, subject to conditions: full disclosure of immovable property, partnership capital, unquoted investments and subsidiary investments; category-wise totals for quoted investments; specific disclosure of investments above prescribed thresholds with additional listings to ensure at least fifty percent of category value is disclosed; separate showing of unquoted investments; undertakings to provide particulars to shareholders on request and to file relevant particulars with regulatory authorities.