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Consolidated Financial Statement: disclosures must be consolidation specific, not mere repetition of standalone notes. Preparation of a Consolidated Financial Statement requires disclosures specific to the consolidated view and not mere repetition of standalone disclosures; Schedule III and applicable accounting standards mandate that notes address consolidation-specific matters, group-level balances and transactions, and information necessary for a fair presentation of the group's financial position and performance.
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Provisions expressly mentioned in the judgment/order text.
Consolidated Financial Statement: disclosures must be consolidation specific, not mere repetition of standalone notes.
Preparation of a Consolidated Financial Statement requires disclosures specific to the consolidated view and not mere repetition of standalone disclosures; Schedule III and applicable accounting standards mandate that notes address consolidation-specific matters, group-level balances and transactions, and information necessary for a fair presentation of the group's financial position and performance.
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