Adoption of consolidated accounts after 10 months

Jayanta Bandyopadhyay (311 Points)

02 December 2024  

Unlisted Public Limited Company (Financial Year based accounts)

 

Standalone audited accounts -signed by auditors on 8.9.2023

Consolidated audited accounts (incl of foreign subsidiary having Calendar year as accounting year)-signed by auditors on 31.1.2024

Adoption of Standalone audited accounts at AGM on 30.9.2023

Adoption of Consolidated audited accounts in January 2024- beyond 10 months

Can we make application to NCLT for compounding of the delay or is there any other alternative?