Inadequate annual report
This query is : Resolved
22 August 2009
A BSE listed company,ended operations of its subsidiary company during 2008-09.
Though there's turnover of 500 crores in that subsidiary during 2008-09,this listed company is not prepared to disclose subsidiary's balance sheet, P&L and all subsequent details.
As a shareholder I feel unjustified. Do I've any legal or institutional support to ask to the management?
Though there's turnover of 500 crores in that subsidiary during 2008-09,this listed company is not prepared to disclose subsidiary's balance sheet, P&L and all subsequent details.
As a shareholder I feel unjustified. Do I've any legal or institutional support to ask to the management?
22 August 2009
Refer Section 219(1) of the Companies Act, 1956.
Regards
Regards
22 August 2009
Dear Mr Ankur,
Refered sec 219(1),it nowhere mentioned about "subsisdiary company". Cud you pls forward specific details.
Refered sec 219(1),it nowhere mentioned about "subsisdiary company". Cud you pls forward specific details.
22 August 2009
yes...for more detail refer sec 219(1)
22 August 2009
As per section 219 co. is reqd to provide its shareholder annual accounts
and under section 212 co. is required to attach the accounts of its subsi. companies unless exempted by CG.
Under section 219 u can ask the annual accounts.
and under section 212 co. is required to attach the accounts of its subsi. companies unless exempted by CG.
Under section 219 u can ask the annual accounts.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- TAN for Partnership
- Treatment of Pension ?annuity returns on PMVY
- TDS related Query_Liquidated Damages
- Long Term Service award taxability in hands of company
- Free lancer income
- NON- SUBMISSION OF LLP FORM 3
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Form 27Q Correction statement taking too long to update on IT Portal
- ITR selection for salaries and capital gain less than L
- Showing Gift from relative in ITR for this year
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
