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Over 2.25 lakh cos may be struck off in FY'19 for not filing financial statement
Fri, Jun 08, 2018
"For the second drive to be launched during 2018-19, 2,25,910 companies have been further identified for being struck off under section 248 of the Companies Act, 2013...For non-filing of financial statements for 2015-16 and 2016-17," a finance ministry statement said.
Reliance Industries writes down nearly Rs 40,000 crore on change in accounting policy
Thu, Jan 19, 2017
Reliance Industries Ltd has written down Rs 39,570 crore in value of its oil and gas assets including the flagging KG basin D6 block and US shale gas projects, in view of change in accounting policy.