Annual accounts Whether accounts once adopted and passed in annual general meeting can be revised in a subsequent meeting

Annual accounts Whether accounts once adopted and passed in annual general meeting can be revised in a subsequent meeting https://www.taxtmi.com/circulars?id=10978 Accounts adopted and passed at an annual general meeting become final and cannot be reopened or revised in a subsequent meeting. A special resolution purporting to empower the company to amend or revise accounts already adopted is invalid and cannot override the rule of finality (noted as invalid under the provision cited in the correspondence). en-us Mon, 17 Aug 1981 00:00:00 +0530 Mon, 20 Jun 2011 10:51:00 +0530 TaxTMI RSS Generator Annual accounts Whether accounts once adopted and passed in annual general meeting can be revised in a subsequent meeting https://www.taxtmi.com/circulars?id=10978 Accounts adopted and passed at an annual general meeting become final and cannot be reopened or revised in a subsequent meeting. A special resolution purporting to empower the company to amend or revise accounts already adopted is invalid and cannot override the rule of finality (noted as invalid under the provision cited in the correspondence). Circulars Companies Law Mon, 17 Aug 1981 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10978