Disclosure of outstanding dues to small scale industrial undertakings required in company balance sheets, segregating such and other creditors. The Schedule VI amendments to the Companies Act require disclosure of the name(s) of small scale industrial undertaking(s) owed sums exceeding a threshold and outstanding beyond a specified period; they add separate balance sheet line items for total outstanding dues of small scale industrial undertakings and for creditors other than such undertakings, and incorporate a definitional reference to the Industries (Development and Regulation) Act for classifying small scale industrial undertakings.
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.
Disclosure of outstanding dues to small scale industrial undertakings required in company balance sheets, segregating such and other creditors.
The Schedule VI amendments to the Companies Act require disclosure of the name(s) of small scale industrial undertaking(s) owed sums exceeding a threshold and outstanding beyond a specified period; they add separate balance sheet line items for total outstanding dues of small scale industrial undertakings and for creditors other than such undertakings, and incorporate a definitional reference to the Industries (Development and Regulation) Act for classifying small scale industrial undertakings.
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