Matters to be included in Board’s Report for One Person Company and Small Company (1) The Board’s Report of One Person Company and Small Company shall be prepared based on the stand alone financial statement of the company, which shall be in abridged Form and contain the following:- (a)the web address, if any, where annual return referred […]

Matters to be Included in Board’s Report (1) The Board’s Report shall be prepared based on the stand alone financial statements of the company 2[and shall report on the highlights of performance of subsidiaries, associates and joint venture companies and their contribution to the overall performance of the company during the period under report]. (2) The

Transitional Provisions with Respect to Accounting Standards (1) The standards of accounting as specified under the Companies Act, 1956 (1 of 1956) shall be deemed to be the accounting standards until accounting standards are specified by the Central Government under section 133. (2) Till the National Financial Reporting Authority is constituted under section 132 of the Act, the Central

Manner of Consolidation of Accounts. The consolidation of financial statements of the company shall be made in accordance with the provisions of Schedule III of the Act and the applicable accounting standards: Provided that in case of a company covered under sub-section (3) of section 129 which is not required to prepare consolidated financial statements under the Accounting Standards, it shall

Form of Statement Containing Salient Features of Financial Statements of Subsidiaries The statement containing the salient feature of the financial statement of a company’s subsidiary or subsidiaries, associate company or companies and joint venture or ventures under the first proviso to sub-section (3) of section 129 shall be in Form AOC-1. Practice area’s of B K Goyal & Co

Forms and Items Contanied in Financial Statements The financial statements shall be in the form specified in Schedule III to the Act and comply with Accounting Standards or Indian Accounting Standards as applicable: Provided that the items contained in the financial statements shall be prepared in accordance with the definitions and other requirements specified in the Accounting Standards or the Indian Accounting Standards,

Conditions Regarding Maintenance and Inspection of Certain Financial Information by Directors (1) The summarised returns of the books of account of the company kept and maintained outside India shall be sent to the registered office at quarterly intervals, which shall be kept and maintained at the registered office of the company and kept open to

Manner of Books of Account to be Kept in Electronic Mode (1) The books of account and other relevant books and papers maintained in electronic mode shall remain 3[accessible in India, at all times] so as to be usable for subsequent reference. 1[Provided that for the financial year commencing on or after the 6[1st day of April, 2023],

Notice of Address at Which Books of Account are to be Maintained For the purposes of the first proviso to sub-section (1) of Section 128, the notice regarding address at which books of account may be kept shall be in Form AOC-5.”] Amendment 1. Inserted by the Notification Companies (Accounts) Amendment Rules,2015 Dated 16th January 2015. Practice area’s

Definitions (1)In these rules, unless the context otherwise requires,- (a) “Act” means the Companies Act, 2013 (18 of 2013); (b) “Annexure” means the Annexure to these rules; (c) “Fees” means the fees as specified in the Companies (Registration Offices and Fees) Rules, 2014; (d) “Form” or ‘e-Form” means a form set forth in Annexure to these rules which shall be used