Disclosure exemption for tea cultivation and processing companies requires quantity and stock details and value reporting for purchased tea. The Central Government exempts companies engaged in the cultivation or processing of tea from disclosing the value information specified in Schedule VI to the Companies Act, subject to conditions: disclose quantity and other particulars (excluding value) of green leaf tea produced and processed with opening and closing stock; and where green leaf tea is purchased, disclose the value of purchases in addition to quantity, particulars, and opening and closing stock. The exemption is effective for three years from Gazette publication.
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 exemption for tea cultivation and processing companies requires quantity and stock details and value reporting for purchased tea.
The Central Government exempts companies engaged in the cultivation or processing of tea from disclosing the value information specified in Schedule VI to the Companies Act, subject to conditions: disclose quantity and other particulars (excluding value) of green leaf tea produced and processed with opening and closing stock; and where green leaf tea is purchased, disclose the value of purchases in addition to quantity, particulars, and opening and closing stock. The exemption is effective for three years from Gazette publication.
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