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State of Odisha - Section

Section 25 in The Orissa Industrial Infrastructure Development Corporation Rules, 1981

25. Manner and form of maintenance of accounts.

(1)The accounts of the Corporation shall be prepared and maintained in the manner and form adoptee by commercial organisations.
(2)The Corporation shall keep at its head office properly maintained books of accounts with respect to-
(a)all monies received by it,
(b)all other transactions of pecuniary nature,
(c)assets and liabilities of the Corporation.
(3)The annual statement of accounts required to be maintained by the Corporation under Sub-section (1) of Section 27 shall be in Form 'D'.