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Jayanta Bandyopadhyay   02 December 2024

Adoption of consolidated accounts after 10 months

Unlisted Public Limited Company (Financial Year based accounts)

 

Standalone audited accounts -signed by auditors on 8.9.2023

Consolidated audited accounts (incl of foreign subsidiary having Calendar year as accounting year)-signed by auditors on 31.1.2024

Adoption of Standalone audited accounts on 30.9.2023

Adoption of Consolidated audited accounts in January 2024- beyond 3 months

Can we make application to NCLT for compounding of the delay or is there any other alternative?

Kindly guide.



 2 Replies

Anshu Sharma (LAWFINITY SOLUTI   03 December 2024

This situation requires careful legal consideration, and the best approach is to consult with a legal expert who can advise on whether to make an application to NCLT for compounding or explore alternative solutions. You can reach out to me, and I’d be happy to schedule a free consultation to discuss the options and guide you through the pr

1 Like

Jayanta Bandyopadhyay   03 December 2024

Remain thankful 

My email id

bandyopadhyaykumarjayanta@gmail.com 

I can forward query directly 

Refards


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