Criminal Trident Pack: IPC, CrPC and IEA by Sr. Adv. G.S Shukla and Adv. Raghav Arora
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HITESH AGARWAL (-)     27 December 2020

Companies act and consolidation

The new companies act is enacted to consolidate and amend the law relating to the companies.

 

 

 

what is consolidation in the given statement?



Learning

 1 Replies

SHIVEK J.   06 January 2021

Greetings,

CONSOLIDATION OF FINANCIAL STATEMENTS Section 129 of the Companies Act, 2013 ('the Act') provides that the financial statements of the Company shall give true and fair view of state of affairs of the Company, comply with applicable accounting standards and shall be made as per Schedule III of the Act.

Hope this helps.

Regards


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