Description:
Notification No.DNBS.217/CGM(US)-2010 dated December 01, 2010
“Every non- banking financial company shall finalize its balance sheet within a period of 3 months from the date to which it pertains”.
Source:
1. www.icaihyd.org
2. HYDERABAD BRANCH OF SIRC NEWSLETTER.Volume:13 Issue:02. February, 2011, Page No.7.
Our comment:
RBI Directs that the Balance Sheet of every NBFC has to be finalized within 3 months from end of the Financial Year.
