"On 30th March 2017, Ministry of corporate affairs, New Delhi, has notified as follows:

As per notification G.S.R. 308(E):

Every Company shall disclose the details of Specified Bank Notes (SBN) held and transacted during the period from 8th November, 2016 to 30th December, 2016 under Notes to Accounts as per the format referred in notification.

As per notification G.S.R. 307(E):

The Auditor also needs to form an opinion on the same that whether the Company had provided requisite disclosures in its financial statements as to holdings as well as dealings in Specified Bank Notes (SBN) during the period from 8th November, 2016 to 30th December, 2016 and if so, whether these are in accordance with the books of accounts maintained by the Company.

Refer Enclosed Annexure for Disclosure format, proof of documents as illustrated in the Document Checklist to substantiate disclosure & corresponding Notification.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.