https://www.taxtmi.com/caselaws?id=332092 The Tribunal granted the application under Section 420 read with Section 2(41) of the Companies Act, 2013, allowing the subsidiary company to change its financial year to align with the holding company for consolidation of accounts. The Board of Directors' resolution and consent from the holding company supported this change, ensuring compliance with the Act and streamlining accounting procedures for the robotics and artificial intelligence company. en-us Fri, 26 Aug 2016 00:00:00 +0530 Thu, 08 Sep 2016 18:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332092 The Tribunal granted the application under Section 420 read with Section 2(41) of the Companies Act, 2013, allowing the subsidiary company to change its financial year to align with the holding company for consolidation of accounts. The Board of Directors' resolution and consent from the holding company supported this change, ensuring compliance with the Act and streamlining accounting procedures for the robotics and artificial intelligence company. Case-Laws Companies Law Fri, 26 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332092