statements financial consolidated applicability
Hi All
An Acquirer has made a public announcement of an open offer to acquire the shares of the target company, and the acquirer intends to delist the company post-takeover.
Whether the acquirer has to mandatorily disclose the intention of delisting the securities in the public announcement?
post takeover securities delist intention disclosure
Hi Members!
What is the procedure to Convert an OPC to a Private Company?
What Forms will be required to be filed and what are the due dates for filing such forms?
Please share!
company private conversion
Hi All
Whether the provisions related to the Disqualification of Directors as provided in the Companies Act, 2013 applicable to the Designated Partners of the LLP?
If yes, then how the same shall be applied to the Partners?
partners desig disqualification
Hi Members!
Is there any declaration required in case a merger or amalgamation is taking place between an Indian company and a company or body corporate has been incorporated in a country that shares a land border with India?
border india land sharing amalgamating companies declaration
Hi All
What is the due date to intimate the ROC for change in the situation of the registered office of the company?
In case the subscriber to the memorandum is a foreign national
residing outside India, his signatures and address, etc. shall be
witnessed by a Notary Public/Embassy/Consulate offices of
Embassies as per the Rule 13 of the Companies (Incorporation)
Rules, 2014.
In such cases, how can the DSC of such a witness be affixed?
incorporating company while nationals foreign attestation
Hi All,
What are the consequences of the Non-Filing of Form MSME-1 with the RoC?
Could you also please help me out with what details are mandatorily required to be filled in?
msme form filing consequences
A UK Ltd (Registered in the UK) was holding 25% holding in B Ltd (registered in India).
Now ownership of A UK Ltd was transferred to C UK Ltd.
Therefore there is an indirect change of beneficiary ownership of B Ltd ( registered in India)
Is there any FEMA filing requirement in RBI by B Ltd or A UK Ltd?
change beneficiary ownership indirect case filing requirements fema 
Hello Arun!
As per Section 129(3) of the Companies Act, 2013:
Where a company has one or more subsidiaries or associate companies, it shall, in addition to financial statements prepare a consolidated financial statement of the company and of all the subsidiaries and associate companies in the same form and manner as that of its own and shall also be laid before the annual general meeting of the company along with the laying of its financial statement.
Provided that the company shall also attach along with its financial statement, a separate statement containing the salient features of the financial statement of its subsidiary or subsidiaries and associate company or companies.
Thank You!