Reopening of annual accounts allowed only on prescribed grounds; registrars must reject repeat filings not meeting those requirements. Companies shall not lay more than one set of annual accounts for the same financial year unless the accounts have been reopened or revised after adoption on the specific grounds set out in the Ministry's circular; Registrars of Companies must monitor and reject repeat filings that do not comply with the statutory filing requirements and the Ministry's guidance on post-adoption revision.
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.
Reopening of annual accounts allowed only on prescribed grounds; registrars must reject repeat filings not meeting those requirements.
Companies shall not lay more than one set of annual accounts for the same financial year unless the accounts have been reopened or revised after adoption on the specific grounds set out in the Ministry's circular; Registrars of Companies must monitor and reject repeat filings that do not comply with the statutory filing requirements and the Ministry's guidance on post-adoption revision.
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