https://www.taxtmi.com/article/detailed?id=5341 Section 130 permits re-opening of a company's books and recasting of financial statements only upon application by specified authorities or any person concerned and an order of a court or Tribunal, strictly where accounts were fraudulently prepared or mismanagement casts doubt on reliability; the adjudicating court or Tribunal must notify and consider representations from relevant statutory authorities, and accounts revised or recast under this provision are final. en-us Sat, 02 Nov 2013 11:05:34 +0530 Sat, 02 Nov 2013 11:05:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5341 Section 130 permits re-opening of a company's books and recasting of financial statements only upon application by specified authorities or any person concerned and an order of a court or Tribunal, strictly where accounts were fraudulently prepared or mismanagement casts doubt on reliability; the adjudicating court or Tribunal must notify and consider representations from relevant statutory authorities, and accounts revised or recast under this provision are final. Articles Corporate Laws / IBC / SEBI Sat, 02 Nov 2013 11:05:34 +0530 https://www.taxtmi.com/article/detailed?id=5341