Companies Act, 2017

PART-VII

ACCOUNTS OF COMPANIES

Companies Act, 2017 PART-VII ACCOUNTS OF COMPANIES From: 2023-11-01 - To: 0000-00-00 226. Duty to prepare directors’ report and statement of compliance- (1) The board shall prepare a directors’ report for each financial year of the company: Provided that nothing in this sub-section shall apply to a private company, not being a subsidiary of public company, having the paid up capital not exceeding three million rupees. (2) The Commission may by general or special order, direct such class or classes of companies to prepare a statement of compliance. (3) The board of a holding company, required to prepare consolidated financial…