18 June 2021
Respected sir Section 130 of companies act 2013 permits reopening of accounts on order by court or tribunal having jurisdiction when an application is made by Central Government, the Income-tax authorities, the Securities and Exchange Board, any other statutory regulatory body or authority or any person concerned
My question are 1. Any person concerned means and include a share holder of the company also? 2. Can a share holder make an application to tribunal for reopening of accounts provided it can be proved that the accounts were previously prepared on fradulent manner without following accounting standards and mismanagement took place.?
CAclubindia
