Form AOC-1 outlines the salient features of financial statements for subsidiaries, associate companies, and joint ventures. It's distinct from Form AOC-4, which is used for filing a company's annual financial statements with the Registrar of Companies within 30 days of the Annual General Meeting. This discussion clarifies the purpose and format of AOC-1.
AOC.1. Statement containing salient features of the financial statement of. Subsidiaries/associate companies/joint ventures.
Form AOC 4 is for filing the company's financial statement for every financial year with the Registrar of Companies. The company is responsible for duly furnishing the form within 30 days of its Annual General Meeting.