Is there any provisions in the Companies Act that quarterly financial results of unlisted domestic companies (Paid up capital less than Rs.5 crores) should be placed in the Board Meeting compulsorily?
Kannan (Company Secretary) (168 Points)
25 December 2011Is there any provisions in the Companies Act that quarterly financial results of unlisted domestic companies (Paid up capital less than Rs.5 crores) should be placed in the Board Meeting compulsorily?
Charu Srivastava
(Company Secretary)
(4210 Points)
Replied 25 December 2011
According to me NO
others views are solicited.
CS RAJESH C.CHOUDHARY
(ASSISTANT MANAGER)
(14607 Points)
Replied 26 December 2011
There is no such provisions.
Rashi Tiwari
(Company Secretary)
(131 Points)
Replied 27 December 2011
There is no such compulsory provision but if the directors want they can reveiw the performance of the company in board meeting subsequent to quarter ending.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
CAclubindia
