https://www.taxtmi.com/article/detailed?id=7285 The document summarises the statutory framework for a company's financial year, noting the shift to a uniform year ending on 31 March under the Companies Act, 2013 and transitional alignment obligations. It explains that companies requiring a different year for group consolidation because they are holding companies or subsidiaries of foreign entities must apply to the National Company Law Tribunal for permission. Practical compliance measures are described: board resolution for alignment, tribunal application where necessary, and specified documents to be filed including constitutional documents, balance sheets, an affidavit, proof of fee payment, and a memorandum of appearance. en-us Sat, 18 Feb 2017 09:33:51 +0530 Sat, 18 Feb 2017 09:33:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7285 The document summarises the statutory framework for a company's financial year, noting the shift to a uniform year ending on 31 March under the Companies Act, 2013 and transitional alignment obligations. It explains that companies requiring a different year for group consolidation because they are holding companies or subsidiaries of foreign entities must apply to the National Company Law Tribunal for permission. Practical compliance measures are described: board resolution for alignment, tribunal application where necessary, and specified documents to be filed including constitutional documents, balance sheets, an affidavit, proof of fee payment, and a memorandum of appearance. Articles Corporate Laws / IBC / SEBI Sat, 18 Feb 2017 09:33:51 +0530 https://www.taxtmi.com/article/detailed?id=7285