Statement of Account requirement under companies law: prescribed disclosure of funding, application and mandatory auditor certification. The prescribed Statement of Account under the Easy Exit Scheme requires detailed disclosure of Sources of Funds (capital, reserves, secured and unsecured loan categories, debentures, deposits) and Application of Funds (fixed assets, investments, current assets less current liabilities with itemised creditors and provisions, net current assets, miscellaneous unamortised expenditure, and debit P&L balance). The form requires company identification and date, signatures of managing director/secretary and directors as applicable, and certification by a statutory auditor or whole time practising chartered accountant with membership or practice certificate number and seal.
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Statement of Account requirement under companies law: prescribed disclosure of funding, application and mandatory auditor certification.
The prescribed Statement of Account under the Easy Exit Scheme requires detailed disclosure of Sources of Funds (capital, reserves, secured and unsecured loan categories, debentures, deposits) and Application of Funds (fixed assets, investments, current assets less current liabilities with itemised creditors and provisions, net current assets, miscellaneous unamortised expenditure, and debit P&L balance). The form requires company identification and date, signatures of managing director/secretary and directors as applicable, and certification by a statutory auditor or whole time practising chartered accountant with membership or practice certificate number and seal.
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