???suggestion about the note in directors report....

hello,

I m preparing a directors report & company is on the way of winding up. So, I had put the following note in directors report .

 

 

1.  As Company is doing Loss from past few years we may have doubt about is going concern & would go for winding up of the Company.

 PLease if any suggestion or changes you may think fit then suggest.

 

Thanks in advance......

Replies (5)

IF CO. IS ONLY THINKING ABOUT THN U CN INCLUDE A DIRECTOS OPINION IN DIRECTORS REPORT , & IF U HAS STARTED / COMITTED ANY STEPS IN THIS REGARD THN U SHOULD MENTION THIS STEPS.. AS-1 WILL APPLICABLE 

If it is decide by the Directors to wind up the Company then you can include a note saying :

As the Company has been incurring losses for past several financial years it would

not be feasible to continue the Business of the Company and hence the Company is considering

the option of going into voluntary liquidation.

 

Also check if the Co. has accum. losses and if CARO is applicable, give a note in the Auditor's Report as well.

thnaks ronak, 

can you pls also tell me the in case of all the losses are transferred to General reserve a/c then Note in CARO is required......?????

Please refer the Clause 4(x) of CARO once. It advises u specifically.. Let me know if u need Anything else..

thnks, i'll surely contact you further if any other suggestions are required,.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details