Glory Financial Statements Of Section 8 Companies
If the company has not made a profit or traded during the financial year financial reports are still required even if it is necessary to show figures as zero eg.
Financial statements of section 8 companies. Once the financial records are prepared they are presented in the front of the registrar. A Balance Sheet b Profit Loss Ac c Both a and b d None of these. A the reference in section 2018 and 9 of the Act to financial statements in relation to a company is a reference to i in the case where the company is not a parent company the revised financial statements of the company required to be sent under regulation 71a.
Hence based on section 258 the first set of Financial Statements of Sdn Bhd could be circulated after 18 months but within six 6 months from financial year end. For purposes of Form 8-K interim financial statements must be within 135 days of the date that the initial Form 8-K reporting the acquisition is filed except that a filing with the acquired businesss year-to-date interim financial statements that include its third. Acquired company is NOT an Accelerated Filer or Large Accelerated Filer.
Section 118 requires a company to prepare and sign the minutes of the proceedings for every general meeting of shareholders or creditors within 30 days from the conclusion of such a meeting. To their members debenture trustees etc. Maintenance of Financial Statements.
Which of the following is the element of financial statements. Financial Statements of a Company Class 12 MCQs Questions with Answers. You can lodge your companys financial reports online using Form 388 Copy of financial statements.
U80301DL2016NPL302578 Statement of Income Expenditure for the year ended 31st March 2018 in rupees Particulars Note No. The financial statements directors report and other important documents of a Section 8 Company are easily available online on public inspection and are therefore considered most reliable. In this write up we shall study about the various aspects of Section 8 Company.
204515 Form 8-K - Age of INTERIM Financial Statements. Profit and Loss Account. How to lodge financial reports.