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Section 15: Manner of publication of accounts and balance-sheet

Banking Regulation (Companies) Rules 1949Central Rules · 1949

The balancesheet and profit and loss account prepared in terms of section 29 of the Act together with the Auditor's report shall be published within a period of six months from the end of the period to which they relate in a newspaper which is in circulation at the place where the banking company has its principal office.

Explanation.—For the purposes of this rule, the expression 'newspaper' means any newspaper or journal published at least once a week, but does not include a journal other than a banking commercial, financial or economic journal.

15A. The list of debtors under section 45D of the Act shall be in 2[Form XI] ^ ^ r or as near thereto as the circumstances permit.

Where this provision sits

ActBanking Regulation (Companies) Rules 1949
Section15
Marginal noteManner of publication of accounts and balance-sheet
JurisdictionCentral
StatusIn force as published by the source

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