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Power to modify Act in its application to Nidhis etc. - Notified Nidhis- Amendments in Notification No. GSR 309(E), dated 30-4-2002

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....ied Nidhis- Amendments in Notification No. GSR 309(E), dated 30-4-2002 G.S.R. 203(E).-In exercise of the powers conferred by sub-section (1) of section 637A of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following amendments in the Notification of the Government of India, the erstwhile Ministry of Law, Justice and Company Affairs (Department of Company Affairs) ....

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.... Un-provided balance on an equal basis over the balance 4 years 31-3-2009   31-3-2010   31-3-2011         Provided further that a Nidhi company or a Mutual Benefit Society may make the provisions exceeding the above limits: Provided also that the accounts for the year ending on 31-03-2006 and the accounts for succeeding years should cl....