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SUMEDHA FISCAL SERVICES LTD. - Reg. 34 (1) Annual Report
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12 Oct 2020
Re: Submission of Financial Statement for FY-2018-19 in XBRL Format&lt;BR&gt; Please note - &lt;BR&gt; The Company filed its Financial Results (Reg. 33 of LODR) for the Financial Year 2018-19 and 4th Quarter thereof, on 18-May-19. BSE in its communication dated 30-May-19 (Link : http://www.sumedhafiscal.com/downloads/Comp/bse-email-dated-30-May-19.pdf) advised the Company to submit revised Financial Results in accordance with NBFC (Division III) format of Companies Act, 2013. The Company complied with the requirement, as advised, on 11-Jun-19.&lt;BR&gt; MCA by its Notification G.S.R. (E) dated 11-Oct-18 required NBFCs to follow the Indian Accounting Standard (IND-AS) as prescribed in Schedule - III of the Companies Act, 2013, as applicable to NBFCs, for submission of Financial Statement Statements (to MCA). (Link : https://mca.gov.in/Ministry/pdf/NotificationScheduleIII_12102018.pdf)&lt;BR&gt; However MCA did not issue the required Taxonomy for preparation and submission of Financial Statements by an NBFC.......... &lt;BR&gt; &lt;BR&gt;
View all announcements for SUMEDHA FISCAL SERVICES LTD. Source: BSE India