Lok Sabha
Government has issued cost audit orders in regard to 38 tea companies as per details indicated in the Annex.
The Government, where it considers necessary, in exercise of its powers under section 233 B of the Companies Act, 1956, may direct the audit of cost accounts of a company that is required to maintain cost records under section 209 (1)(d) of the Act. Companies Act, 1956 does not restrict cost audit to only those companies which are receiving subsidies or incentives from the government.
On the lines of Cost Accounting Records (Plantation Products) Rules framed in 2002Cost Accounting Records Rules have been framed for 43 other sectors.
Independent audit orders have been issued to certain companies belonging to the sectors availing subsidies/incentives.
This information was given by Shri Prem Chand Gupta, Minister of Company Affairs in reply to the question raised by Smt. Manorama Madhavaraj in Lok Sabha today.
BY-53/06
ANNEX| S.NO. | NAMES OF TEA COMPANIES |
| 1 | AMGOORIE INDIA LTD. |
| 2 | ASSAM COMPANY LIMITED |
| 3 | B & A LIMITED |
| 4 | BARAK VALLEY TEA COMPANY |
| 5 | BAZALONI GROUP LTD. |
| 6 | BHAGATPUR TEA CO. LTD. |
| 7 | DHUNSERI TEA & INDUSTRIES LTD. |
| 8 | DUNCAN INDUSTRIES LTD. |
| 9 | EVEREADY INDUSTRIES INDIA LIMITED |
| 10 | GILLANDERS ARBUTHNOT & CO. LTD. |
| 11 | GOODRICKE GROUP LTD. |
| 12 | GROB TEA CO. LTD. |
| 13 | HARRISONS MALAYALAM LIMITED |
| 14 | HASIMARA INDUSTRIES LTD. |
| 15 | HIGHLAND TEA PRODUCE CO. LTD. |
| 16 | JAY SHREE TEA & INDUSTRIES LIMITED |
| 17 | KOTHARI PLANTATIONS & INDUSTRIES LTD. |
| 18 | MARAN CO. LTD. |
| 19 | NEELAMALAI AGRO INDUSTRIES LTD |
| 20 | NEW TEA CO. LTD. |
| 21 | OCTAVIUS TEA & INDUSTRIES LTD. |
| 22 | PARRY AGRO INDUSTRIES LTD. |
| 23 | RNT PLANTATION LTD. |
| 24 | ROSSEL TEA LTD. |
| 25 | SANKAR TEA CO. LIMITED |
| 26 | SCOTISH ASSAM (I) LTD. |
| 27 | STANES AMALGAMATED ESTATES LTD. |
| 28 | TAMILNADU TEA PLANTATION CORPORATION LTD |
| 29 | TATA TEA LIMITED |
| 30 | TEESTA VALLEY TEA CO. LTD. |
| 31 | TEZPORE TEA CO. LTD. |
| 32 | TIRU TEA LTD. |
| 33 | WARREN TEA LIMITED |
| 34 | ASSAM FORNTIER LIMITED |
| 35 | EMPIRE PLANTATIONS (INDIA) LTD. |
| 36 | SINGLO (INDIA) TEA CO. LTD. |
| 37 | BOBAY BURMAH TRADING CORPN. LIMITED |
| 38 | PERIA KARAMALAI TEA & PRODUCE CO. LTD. |