Submission of Form 23ac,form 23aca and annual return
This query is : Resolved
01 November 2007
Is the prosecution , for not filing annual accounts, B/s and Annual return applicable only to listed companies or all including unlisted and Private companies
01 November 2007
ACCORDING TO SEC 220 OF COMPANIES ACT,THERE IS NO DIFFERENCE BETWEEN A LISTED OR UNLISTED OR PUBLIC OR PRIVATE COMPANY .ALL COMPANIES SHALL FILE ACCOUNTS WITH ROC.
SEC 220 (2) SAYS THAT EVEN WHEN ACCOUNTS ARE NOT ADOPTED IN AGM AND IF AGM IS ADJOURNED OR NOT HELD A STATEMENT OF FACTS AND REASONS FOR SAME SHALL BE ANNEXED TO THE BALANCE SHHET AND TO COPIES THEREOF REQUIRED TO BE FILED WITH ROC.
NON COMPLIANCE OF THE ABOBE PROVISIONS IS A PUNISHABLE OFFENCE.
LISTED COMPANIES ARE GOVERNED BY SEBI AND STOCK EXCHANGE LISTING AGREEMENTS APART FROM AND OVER AND ABOVE COMPANY'S ACT PROVISIONS.
R.V.RAO
SEC 220 (2) SAYS THAT EVEN WHEN ACCOUNTS ARE NOT ADOPTED IN AGM AND IF AGM IS ADJOURNED OR NOT HELD A STATEMENT OF FACTS AND REASONS FOR SAME SHALL BE ANNEXED TO THE BALANCE SHHET AND TO COPIES THEREOF REQUIRED TO BE FILED WITH ROC.
NON COMPLIANCE OF THE ABOBE PROVISIONS IS A PUNISHABLE OFFENCE.
LISTED COMPANIES ARE GOVERNED BY SEBI AND STOCK EXCHANGE LISTING AGREEMENTS APART FROM AND OVER AND ABOVE COMPANY'S ACT PROVISIONS.
R.V.RAO
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
- Refund Annexure-B
- Clarification regarding Import E-way bill transaction type // Regular or Bill from Dispatch From
- Sale of Equity shares for Purchase of Residential Property
- GST Reverse
- Liable to deduct tds and 44ADA
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Non issue of e way bill
- RCM and FCM
- Two seprate Invoice needed
- Subscription paid to foreign customer
- GST Cancellation without jurisdiction
- ITC on purchase of commercial property( shop/Godown/offce etc.)
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
