Companies (Accounts) Rules, 2014 mandate electronic record retention in India, specified disclosure forms, XBRL filing and internal auditors. The Companies (Accounts) Rules, 2014 require electronic books of account to remain accessible in India, retained in original or accurately representative formats with branch information unaltered and backups stored on servers physically located in India; companies must annually disclose service provider details. They prescribe Forms AOC-1, AOC-2 and AOC-3 for subsidiary/related party disclosures and abridged statements, mandate filing of financial statements with the Registrar (Form AOC-4) including XBRL where notified, and require specified companies to appoint internal auditors with the Audit Committee or Board setting audit scope and methodology.
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.
Companies (Accounts) Rules, 2014 mandate electronic record retention in India, specified disclosure forms, XBRL filing and internal auditors.
The Companies (Accounts) Rules, 2014 require electronic books of account to remain accessible in India, retained in original or accurately representative formats with branch information unaltered and backups stored on servers physically located in India; companies must annually disclose service provider details. They prescribe Forms AOC-1, AOC-2 and AOC-3 for subsidiary/related party disclosures and abridged statements, mandate filing of financial statements with the Registrar (Form AOC-4) including XBRL where notified, and require specified companies to appoint internal auditors with the Audit Committee or Board setting audit scope and methodology.
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