In partial modification of the circular CC No. 5/SCRc/10.30.000/2006-07 dated April 25, 2007, all the Securitisation Companies/Reconstruction Companies registered with the Bank are advised to furnish the position of Owned Funds in Quarterly Statements SCRC1 as item no.1.
All SCs/RCs may also furnish a copy of audited balance sheets along with the Directors Report/Auditors Report every year within one month from the date of Annual General Body Meeting, in which the audited results are adopted, starting with the balance sheet as on March 31,2008.
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Garima
Published in Audit