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

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....es Law<br>Letter: No. 3(4)80&#8209;CL&#8209;VI, dated 17&#8209;8&#8209;1981 (extracts) addressed to the Registrar of Companies, Bombay. Subject:- Annual accounts &#8209; Whether accounts once adopted....

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....is Department in consultation with Department of Legal Affairs. The view that has emerged is that the accounts once adopted and passed in an annual general meeting become final and cannot be reopened ....