REGISTERED D(D)-72

The Gazette of India

EXTRAORDINARY

PART II—Section 3—Sub-section (i)

PUBLISHED BY AUTHORITY

No.

10]

NEW DELHI, THURSDAY, JANUARY 4. 1979/PAUSA 14, 1900

Separate paging is given to this part in order that it may be filed as a separate compilation

(21)

1047 GI/78—I

22

THE GAZETTE OF INDIA : EXTRAORDINARY

IPART II—SEC. 3(i)]

1

(2) Loan funds

(a) Secured Loans

(b) Unsecured Loans

Total:

11. APPLICATION OF

FUNDS:

(1) Fixed assets

(a) Gross block

(b) Less depreciation

(c) Net block

(d) Capital Work in

progress

(2) Investments

(3) Current 'assets

Loans and

advances

(a) Inventories

(b) Sundary debtors

(c) Cash and bank.

Balances

(d) Other current

Assets

(e) Loans and ad-

vances

Less : Current

Liabilities and

Provisions

(a) Liabilities

(b) Provisions

Net Current

assets

(4) (a) Miscellaneous

Expenditure to

tho extent not

written off or

adjusted

(b) Profit and lois

Account

Total:

3

3

4

• t

MINISTRY OF LAW, JUSTICE AND COMPANY AFFAIRS

(Department of Company Affairs)

N O T I F I C A T I O N

Now Delhi, the 23rd December, 1978

G. S R. 14 (E).—In exercise of the powers conferred by sub-

secti on (1) of section 641 of the Companies Act, 1956 (1 of 1956),

the Central Government hereby makes the following alterations

in part I of Schedule VI to the said Act, namely:—

After Schedule VI, Part I the following opening paragraph

and sub-heading shall be inserted, namely:—

"The balance sheet of a company shall be either In horizental

form or vertical form:—

"A—Horizental Form";

"B—Vertical Form";

NAME OF THE COMPANY

BALANCE SHEET AS AT

I. SOURCES OF FUNDS

(1) Shareholders'funds

(a) Capital

(b) Reserves and Surplus

Schedule

No.

Figures

as at the

end of

current

financial

year

Figures

as at the

end of

previous

financial

year

Notes:

1. Details under each of the above items shall be given in

separate Schedules. The Schedules shall incorporate

all tho Information required to bo given under Part 1A

of the Schedule VI read with Notes containing General

Instructions for preparation of balance sheet.

2. Tho Schedules, referred to above, accounting policies

and explanatory notes that may be attached shall form

an integral part of the balance sheet.

3, The figures in the balance sheet may be rounded off to

the nearest "000" or "00" as may bo convenient or may

be expressed in terms of decimals of thousands.

4, A foot-note to the balance sheet may be added to show

separately contingent liabilities."

[File No. 28/1/78—C, L. V]

A. NEELAKANTAN Jt. Socy.

PRINTED BY THE MANAGER, OOVT. OF INDIA PRESS, RING ROAD, NEW DELHI-110064

AND PUBLISHED BY THE CONTROLLER OF PUBLICATIONS, DELHI-110054, 1979