21 February 2010
On a phased manner it is made applicable to Listed Companies (LCs) having a net worth of Rs.1000 cr., then LCs net worth of more than Rs.500 cr and then to LCs having Net worth of less than Rs.500 Cr.- Details can be had from "http://www.taxguru.in/accounting/ministry-of-corporate-affairs-issues-roadmap-for-ifrs-conversion-in-india.html"
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