The balance sheet formatting has two parts which are vertical or horizontal. Under the old schedule vi, it allows for the balance sheet to be in either vertical or horizontal form; however, under the revised schedule it only allows vertical formatting.
470 sections and 7 schedule
Schedule 6 provides general instructions to prepare balance sheet and Profit and Loss Account
I want company balance sheet as per schedule 6 part1 of the companies act. 1956.
part 1 schedule 6 contains the model balance sheet of the company it shows how different items in the asset side and liability side should be arranged all companies shuld follow that
where we can show bank overdraft in balance sheet
It is the companies act 2008 wich replaced the old companies act 1973
the banks which are not under the purview of second schedule of RBI Act.
The Companies Act 2006, Which comes after the 1985 Companies Act, has 1, 300 sections and about 700 pages. The final Act was inaugurated on October 1, 2006.
There are 658 sections in Companies Act, 1956 in total.
The controlled substances act of 1970 categorized drugs such as morphine and meperidine as schedule II. Schedule II means that a drug has a strong potential for abuse, but that they have a legitimate medical purpose.
Trade Practices act 1974
To the registrar of companies and have to file the required documents as per the act