Books of Account - allegations of mismanagement?

Durga Rao | Last updated: 07 February 2011

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Despite the clear regulations in the Companies Act, 1956 as to how every Company should record its transactions, maintain books of account and should submit the approved Financial Statements with the ROC, financial transactions in some closely held companies would be really interesting to note and dealing with the cases of this kind would really be very complicated. The logic behind the settled accounting principles, the provisions of Companies Act, 1956 dealing with maintenance of

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About the Author

Durga Rao

Attorney

V.D.RAO,Advocate, Madras High Court, 23/3, Eswari Apartments, Beach Home Avenue 2nd Street, Besant Nagar, Chennai - 600 090. Mobile: +91-9884894008 Email: vdrao_attorney @ yahoo.co.in vdraoattorney @ gmail.com Will be in touch through: http://www.indiancorporatelaws.blogspo ... Read more

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