Director report

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(Querist)
27 February 2013 sir please tell
is it necessary to report loan from foreign country in director report?
thanks in advance!!
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
27 February 2013 No need. Only foreign exchange earnings and out go need only be stated as per'Companies (Disclosure of Particulars in the Report of Board of Directors) Rules,1988'.
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