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
I want company balance sheet as per schedule 6 part1 of the companies act. 1956.
1956
470 sections and 7 schedule
Schedule 6 provides general instructions to prepare balance sheet and Profit and Loss Account
Any Body Cooperate registered under Indian Companies Act. 1956.
The companies which are established under the Indian companies Act 1956. A companies whose majority shares are held up by the government is called a government company.
where we can show bank overdraft in balance sheet
No, Capital reserves cannot be part of free reserves under S372A of Companies Act 1956.
It can lead to banning from participating in the markets. SEBI had recently investigated and punished erring institutions, brokers, DPs and individuals. If your question is to confirm whether punishable under companies Act, for an individual companies act would not apply.
Indian Removal Act
no...only signature of one dirctor is sufficient
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.