Consolidation of accounts

Dear All,

Has New Companies Act 2013 made mandatory Consolidation of Accounts ?

My company has got 5 foreign subsidaries and 4 Indian Associates and 2 Indian Joint venture companies ........... so do we need to prepare the consolidation accounts as on 31 March 2015.

Thanks & Regards,

Vaibhav

 

 

Replies (2)

Yes. you have to prepare the consolidated financials

Hi 

Is there some way by which i can get the exception.

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