Clause 41 ?

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Prakash Shaw (Querist)
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29 April 2013 Dear Friends,

Please help me in clarifying my confusion on following :
1. Whether Annual Audited Financial Results as per clause 41 and Annual Accounts as per Co' Act are same ?
2. And Annual Audited Financial Results, which are approved by the Board and sent to Stock Exchange, are to be adopted in AGM ?

Ajay Mishra

Ajay Mishra (Expert)
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30 April 2013 Hi

No, the result as per clause 41 and Balance sheet as per Schedule Vi is different.

It is two agenda items in a Board Meeting. One is audited Financial result for the quarter ended as on 31.03.2013 and second is adoption and signing of balance sheet and profit and loss account for the year ended 31 March.

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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12 June 2013 Yes I agree with the expert

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