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Rules

36. Copies of balance sheet and accounts together with the Directors' report and notes on accounts to be furnished to the Bank

36. Copies of balance sheet and accounts together with the Directors' report and notes on accounts to be furnished to the Bank

(1) Every non-banking financial company accepting/holding public deposit shall deliver to the Bank an audited balance sheet as on the last date of each financial year and an audited profit and loss account in respect of that year as passed by the company in general meeting together with a copy of the report of the Board of Directors laid before the company in such meeting in terms of section 217(1) of the Companies Act, 1956 (Act 1 of 1956) within fifteen days of such meeting as also a copy of the report and the notes on accounts furnished by its Auditor.

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