https://www.taxtmi.com/notifications?id=118892 Central Government, under the proviso to clause (d) of sub-section (2) of the Companies Act, 2013, notifies that the debt to capital and free reserves ratio shall be six-to-one for government companies carrying on Non-Banking Finance Institution activities and Housing Finance activities, thereby prescribing a statutory leverage limit for those government-owned entities. en-us Thu, 10 Mar 2016 00:00:00 +0530 Sat, 19 Mar 2016 12:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=118892 Central Government, under the proviso to clause (d) of sub-section (2) of the Companies Act, 2013, notifies that the debt to capital and free reserves ratio shall be six-to-one for government companies carrying on Non-Banking Finance Institution activities and Housing Finance activities, thereby prescribing a statutory leverage limit for those government-owned entities. Notifications Companies Law Thu, 10 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/notifications?id=118892