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
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- MSME disclosure and disallowance
- Taxation of crypto futures in India Fy 2026- 2027
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- EPF ECR NEW RULES Sep 17th 2026
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
