Section 6: After rule 16 of the principal rules, the following rule shall be inserted, namely

Companies (Acceptance of Deposits) Amendment Rules, 2016Central Rules · 2013

“16A. Disclosures in the financial statement.- (1) Every company, other than a private company, shall disclose in its financial statement, by way of notes, about the money received from the director.

(2) Every private company shall disclose in its financial statement, by way of notes, about the money received from the directors, or relatives of directors.”.

Where this provision sits

Act	Companies (Acceptance of Deposits) Amendment Rules, 2016
Section	6
Marginal note	After rule 16 of the principal rules, the following rule shall be inserted, namely
Jurisdiction	Central
Status	In force as published by the source

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