https://www.taxtmi.com/acts?id=12539 Section 217 mandates that the Board's report attached to each balance sheet must disclose the state of the company's affairs, transfers to reserves, dividend recommendations, material post year end financial changes, prescribed disclosures on energy and foreign exchange, and specified changes in the company's and its subsidiaries' businesses. It requires employee remuneration statements meeting prescribed thresholds, a Directors' Responsibility Statement on accounting standards and records, full explanations of auditor qualifications, authenticated signatures, and prescribes penal consequences for wilful non compliance with limited defences. en-us Wed, 11 May 2011 15:18:54 +0530 Wed, 11 May 2011 15:18:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12539 Section 217 mandates that the Board's report attached to each balance sheet must disclose the state of the company's affairs, transfers to reserves, dividend recommendations, material post year end financial changes, prescribed disclosures on energy and foreign exchange, and specified changes in the company's and its subsidiaries' businesses. It requires employee remuneration statements meeting prescribed thresholds, a Directors' Responsibility Statement on accounting standards and records, full explanations of auditor qualifications, authenticated signatures, and prescribes penal consequences for wilful non compliance with limited defences. Act-Rules Companies Law Wed, 11 May 2011 15:18:54 +0530 https://www.taxtmi.com/acts?id=12539