Auditors' report requirement: Registrar cannot demand separate auditors' report for private company profit and loss. A private company need not file a separate auditors' report for its profit and loss account; the Registrar must not demand a distinct report. The company may either attach to the profit and loss account an authenticated copy of the full auditors' report as attached to the balance sheet, or attach balance-sheet relevant extracts to the balance sheet and the full authenticated auditors' report to the profit and loss account, with authentication required under the stated provision.
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.
Auditors' report requirement: Registrar cannot demand separate auditors' report for private company profit and loss.
A private company need not file a separate auditors' report for its profit and loss account; the Registrar must not demand a distinct report. The company may either attach to the profit and loss account an authenticated copy of the full auditors' report as attached to the balance sheet, or attach balance-sheet relevant extracts to the balance sheet and the full authenticated auditors' report to the profit and loss account, with authentication required under the stated provision.
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