Disclosure exemption: central government exempts a government company from board-report disclosure obligations under companies law. Central Government directed under section 620(1) that clause (e) of section 217(1), read with the Companies (Disclosure of Particulars in the Report of Board of Directors) Rules, 1988, shall not apply to Hindustan Aeronautics Limited, Bangalore, as it is a Government company, and the draft notification was laid before both Houses of Parliament.
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Disclosure exemption: central government exempts a government company from board-report disclosure obligations under companies law.
Central Government directed under section 620(1) that clause (e) of section 217(1), read with the Companies (Disclosure of Particulars in the Report of Board of Directors) Rules, 1988, shall not apply to Hindustan Aeronautics Limited, Bangalore, as it is a Government company, and the draft notification was laid before both Houses of Parliament.
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