section 212

Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com )   (3468 Points)

16 June 2011  

Friends

Suppose, S Ltd. subsidiary of H Ltd. was incorporated on 01.03.2011. The first accounts of S Ltd. will be prepared as on 31.03.2012. Therefore, accounts can not be consolidated with H Limited. Can accounts of H Ltd. be filed with ROC.

What disclosures should we made in Directors' Report. How section 212 will be complied with

regards,