Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
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<h1>Form 23AAB: Apply for Exemption from Attaching Subsidiary Financials under Companies Law, Streamlining Compliance.</h1> Form No. 23AAB is used for applying for an exemption from attaching the annual accounts of subsidiary companies under the Companies Law. This form is part of the Companies (Central Government's) General Rules and Forms, 1956, and was introduced through Notification GSR 56(E) on February 10, 2006. It allows a parent company to seek permission from the central government to exclude the financial statements of its subsidiaries from its annual accounts, facilitating streamlined reporting and compliance processes.