Consolidation under section 212

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shaikh irshad (Querist)
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24 September 2008 Whether indian private limited company is required to consolidate accounts of its foreign subsidiary under section 212 of companies act?

S.Srinivasaraghavan

S.Srinivasaraghavan (Expert)
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26 September 2008 No. It is enough if it merely attaches the annual report of the subsidiary.

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Consolidation under section 212

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