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    <title>Amendment of section 129</title>
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    <description>Companies with one or more subsidiaries or associate companies must prepare a consolidated financial statement of the company and all subsidiaries and associates in the same form and manner as the company&#039;s own statements and in accordance with applicable accounting standards, and lay it before the annual general meeting along with the company&#039;s financial statements; the company must also attach a separate statement containing the salient features of each subsidiary&#039;s and associate&#039;s financial statement in a prescribed form, and the Central Government may prescribe the manner of consolidation.</description>
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      <description>Companies with one or more subsidiaries or associate companies must prepare a consolidated financial statement of the company and all subsidiaries and associates in the same form and manner as the company&#039;s own statements and in accordance with applicable accounting standards, and lay it before the annual general meeting along with the company&#039;s financial statements; the company must also attach a separate statement containing the salient features of each subsidiary&#039;s and associate&#039;s financial statement in a prescribed form, and the Central Government may prescribe the manner of consolidation.</description>
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