standalone financial statements of subsidiary

This query is : Resolved

Mandar (Querist)
Follow

24 July 2007 when do we need to publish standalone financial statements of subsidiary.

Shall we inform ROC before 31/03/07 for publishing consolidated financials statements.

Shashi Mohan Jha

Shashi Mohan Jha (Expert)
Follow

25 July 2007 There is no requirement to inform RoC in advance to publish the consolidated financial statements. Standalone FS of a subsidiary would be published/submitted to RoC/Any Authority as per normal regulation of country where the subsidiary company is registered.