Profit and Loss Account requirement: annex to balance sheet and auditors' report must be attached. Section 216 mandates that the profit and loss account be annexed to the balance sheet and that the auditors' report, including any separate, special or supplementary auditors' report, be attached to the balance sheet, creating a statutory requirement that audit reports accompany the company's balance sheet.
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Provisions expressly mentioned in the judgment/order text.
Profit and Loss Account requirement: annex to balance sheet and auditors' report must be attached.
Section 216 mandates that the profit and loss account be annexed to the balance sheet and that the auditors' report, including any separate, special or supplementary auditors' report, be attached to the balance sheet, creating a statutory requirement that audit reports accompany the company's balance sheet.
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