Voluntary revision

As per section 131 company makes voluntary revisions.Revisions can be done on particular area in current Financial statement.

can the company get order from NCLT in the next Financial year to make revision again? , relating to some other matter of same Financial statements
Replies (5)
Yes NCLT approval is required.

The central government, Income tax authority, SEBI, and such authorities can apply for revising the statements. The Company through its representative such as practicing professionals can apply to the Tribunal for the revision of its statement
Can the same financial statement again rectify in next year ?
Companies Act not taking about only one time for revision....
you can get approval from NCLT for same financial, make sure earlier oder doesn't distrub by next matter you seek to get approval.
Approval from NCLT is required for rectification
As per provision revised Financial statement shall be Final

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 08 July 2026
Article internship

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
28 July 2026
Senior accountant

RJ Public School

Bengaluru

B.Com

View Details
Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
ARTICLESHIP 16 July 2026
CA Article

Pipara & Co. LLP.

Mumbai

CA Inter

View Details
Company
23 July 2026
Semi qualified CA

Garg Bros & Associate CA

New Delhi

CA Inter

View Details
Company
22 July 2026
Senior Chartered Accountant

SKSS

Patna

CA

View Details
Follow