Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com ) (3468 Points)
18 September 2013Friends,
Section 134 of CA 2013 dealing with Directors' Report states, interalia, that it should include extracts of annual return under section 92(3) thereof.
That means, DR of 2013-2014 will include extracts of annual return of 2012-2013. Or that of 2013-2014.
Regards,
CA LOVELY ARORA
(C.A. B.Com (H) Graduate)
(2151 Points)
Replied 18 September 2013
Dear Sir,
Sec. 92 says, "particulars as they stood on the close of the financial year"... i.e. the same year for which the financials and board reports are prepared... i.e. 2013-14 in your case...
Best Regards,
CA Lovely Arora
Lovely Arora & Associates
ca.lovelyarora @ gmail.com
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 18 September 2013
Section 134 of new Act has not yet come into force please.
CAclubindia
