Balance-sheet technical scrutiny checklist requires companies to annex a detailed compliance proforma when filing with the Registrar. Proposes a standardised proforma to be annexed to company balance-sheets filed with the Registrar under section 220 to enable technical scrutiny and ensure compliance with the Companies Act and Schedule VI. The checklist requires confirmations and particulars on register closures and advertisements, Directors' Report disclosures, auditors' reports and qualifications, borrowings and secured loans compliance, investments and related party transactions, loans to affiliates and directors including statutory limits and approvals, dividend treatment and unpaid dividends, asset registration and disposals, managerial appointments and approvals, meeting and record compliance, and specified operational break ups per Schedule VI.
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Provisions expressly mentioned in the judgment/order text.
Balance-sheet technical scrutiny checklist requires companies to annex a detailed compliance proforma when filing with the Registrar.
Proposes a standardised proforma to be annexed to company balance-sheets filed with the Registrar under section 220 to enable technical scrutiny and ensure compliance with the Companies Act and Schedule VI. The checklist requires confirmations and particulars on register closures and advertisements, Directors' Report disclosures, auditors' reports and qualifications, borrowings and secured loans compliance, investments and related party transactions, loans to affiliates and directors including statutory limits and approvals, dividend treatment and unpaid dividends, asset registration and disposals, managerial appointments and approvals, meeting and record compliance, and specified operational break ups per Schedule VI.
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