Subsidiary financial disclosure: listed companies must publish each subsidiary's accounts online; members can request copies. Amendment revises short-notice circulation rules, requires listed companies to place separate audited accounts of each subsidiary on their websites, allows consolidated foreign subsidiary statements where required by local law, permits placement of unaudited foreign subsidiary statements with English translation when no audit is conducted, and obliges companies with subsidiaries to supply any member on request with copies of each subsidiary's separate financial statements.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Subsidiary financial disclosure: listed companies must publish each subsidiary's accounts online; members can request copies.
Amendment revises short-notice circulation rules, requires listed companies to place separate audited accounts of each subsidiary on their websites, allows consolidated foreign subsidiary statements where required by local law, permits placement of unaudited foreign subsidiary statements with English translation when no audit is conducted, and obliges companies with subsidiaries to supply any member on request with copies of each subsidiary's separate financial statements.
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