Exemption under Section 211 of Companies Act 1956. - Exemption from disclosing certain particulars in their profit and loss account in case of specified companies

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....India Ministry of Corporate Affairs NOTIFICATION New Delhi; the 8th February, 2011 S.O. 300 (E). - In exercise of the powers conferred by sub-section (3) of section 211 of the Companies Act, 1956 (1 of 1956), the Central Government, being of the opinion that it is necessary to grant exemption in the public interest, hereby exempts Public Financial Institutions as specified under section 4A of....

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....d to in sub-paragraphs (i) and (ii), investments where value exceeds two percent of total value in each category or one crore rupees, whichever is lower, shall be disclosed fully provided that where disclosures do not result in disclosure of at least fifty percent of total value of investment in a particular category, additional disclosure of investments in descending order of value shall be made ....