Agm - no adoption of consolidated financial statments

1. In such case company should file the unadopted financial statement to ROC and mentioning with reason for not adopting FS or CFS. If company didn't file within 30 days from AGM or the last day on which AGM should held then by paying additional fees to ROC company can file within 300 days from AGM.

2. It's depends on facts of the cases or reason for not filing or adoption of FS. For filling additional period of 270 days have given from default.. But for adoption of FS or CFS no such time mentioned..

3. If company have get prior approval from ROC and any other statutory authority before occuring any non compliance. company need not to pay any penalties..