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Section 212

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 August 2012 Does Section 212 of the companies act apply to private limited holding company, if yes do they also have to prepare consolidated Financial statements ?
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Ajay Mishra

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Ajay Mishra (Expert)
29 August 2012 Hi

Yes, section 212 apply on company whether public company or private company having subsidiary.
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Querist : Anonymous

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Querist : Anonymous (Querist)
29 August 2012 Then does the provision of consolidated balace sheet also apply ?
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