Govt directs PSUs to complete accounts

Excelsior Correspondent
JAMMU, Jan 30: Lieutenant Governor Girish Chandra Murmu has directed all the Public Sector Undertakings (PSUs)/Autonomous Bodies/ Societies to complete their pending accounts in any case before the end of February, 2020.
“Wherever the Boards of PSUs/Autonomous Bodies/ Societies haven’t been constituted, they may be constituted immediately. The list of Board of Directors (BoDs) needs to be updated with the Registrar of Companies,” an order issued today by Dr Arun Kumar Mehta, Financial Commissioner (Finance), said.
He directed that first meeting of the re-constituted Boards of these PSUs must be held before February 15.
The Finance Department order pointed out that the Advisory Committee would need annual accounts as on March 31, 2019 as well as October 30, 2019 for the purpose of apportionment of assets and liabilities between the Union Territories of Jammu and Kashmir and Ladakh.