Query on holding co financial information & statement 212

This query is : Resolved

anjali damodar bathia (Querist)
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20 October 2011 DEAR EXPERT

PLS LET ME KNOW WHETHER THERE IS REQUIRE TO ATTACHED THE BALANCE SHEET OF THE SUBSIDIARY COMPANY WHILE FILING THE RETURN OF THE HOLDING COMPANY OR SHALL I ATTACHED STATEMENT 212.
IN HOLDING CO FINANCIAL INFORMATION SHOULD BE STAND ALONE ONLY

THANKING YOU IN ADVANCE

REGARDS
ANJALI

CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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20 October 2011 No.

As per recent circular issued by MCA, a holding company by passing a resolution in board meeting and subject to certain conditions exempted from attaching a balance sheet of subsidiary.

IN HOLDING CO FINANCIAL INFORMATION SHOULD BE STAND ALONE ONLY

CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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20 October 2011 For more clarification kindly refer General Circular No: 2 /2011 Dated: 8th February, 2011

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anjali damodar bathia

anjali damodar bathia (Querist)
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21 October 2011 Sir,

Kindly tell me the certain conditions exempted from attaching a balance sheet of subsidiary if so forward me a draft resolution for reference my email id is bathia.anjali@gmail.com