Section 100 of EA 2003, Electricity Act : Section 100: Accounts And Audit Of Central Commission

Explanation using Example

Imagine a scenario where the Central Electricity Regulatory Commission (CERC), which is the Central Commission referred to in the Electricity Act, 2003, has concluded its financial year. In compliance with Section 100(1), the CERC is now required to maintain its accounts and prepare an annual statement of those accounts in a specific format as prescribed by the Central Government.

Once the accounts are prepared, as per Section 100(2), the Comptroller an...

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