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. 301 (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 following classes of companies from disclosing in their profit....

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....ng companies/multi-product companies; paragraphs 3(i)(a) and 3(ii)(a). 6. Trading companies; paragraphs 3(i)(a) and 3(ii)(b). 2. Conditions A.The Board of Directors of the Company has given consent with regard to non disclosure of information referred to in paragraph 1; B.The Company shall disclose in the Notes forming part of the balance sheet and profit and loss account, the fact of gra....