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FORM NL-10-RESERVE AND SURPLUS SCHEDULE RESERVES AND SURPLUS Particulars 31.03.2006 31.03.2005 (Rs. 000). (Rs. 000). 1 Capital Reserve 13589 13589 2 Capital Redemption Reserve 3 Share Premium 4 General
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Form nl-10-reserve and surplus is a financial reporting form used by companies to disclose information about their reserves and surplus. It provides details about the company's retained earnings, reserves, and surplus funds.
Companies that are required to file form nl-10-reserve and surplus include those operating in regulated industries such as banking, insurance, and financial services. Additionally, companies with significant reserves and surplus are also required to file this form.
To fill out form nl-10-reserve and surplus, companies need to provide information about their various reserves, including general reserves, depreciation reserves, and contingency reserves. They also need to disclose details about their surplus funds, such as investment details and utilization plans.
The purpose of form nl-10-reserve and surplus is to ensure transparency and accountability in the financial reporting of companies. It helps regulators and stakeholders evaluate the financial health and stability of the company by analyzing its reserves and surplus.
Form nl-10-reserve and surplus requires companies to report various details, including the opening and closing balances of reserves and surplus, additions and deductions made during the reporting period, and any changes in investment strategies for surplus funds.
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