Section 137 of the Companies Act, 2013 read with the rules
made thereunder states that the financial statements of the Company along with
all the prescribed documents are to be filed with the Registrar in e- Form
AOC-4/AOC-4 XBRL as applicable. AOC-4 basically contains the details of balance
sheet and statement of profit and loss of the Company.
However, corresponding section 220 of the erstwhile
Companies Act, 1956 stated that the in case of private companies, balance sheet
and profit and loss account shall be filed with the Registrar separately.
Further, when MCA-21 project was implemented separate e-Form viz., 23AC for
balance sheet and 23ACA for profit and loss account were introduced and was
required to be filed as two separate documents with different e-Forms.
On the other hand, there is no such provision in the
Companies Act, 2013 and no such exemption is also provided to the private
companies.
Accordingly, the Ministry of Corporate Affairs has issued
only single e-Form which provides the details of Balance sheet and statement of
Profit & Loss of the Company and which is available inspection in public
domain.
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