Company Law - Notice of address at which books of account are to be maintained
GOVERNMENT has amended the Companies (Accounts) Rules, 2014, to insert a new Rule 2A, which reads as:
"2A. Notice of address at which books of account are to be maintained.- For the purposes of the first proviso to sub-section (1) of section 128, the notice regarding address at which books of account may be kept shall be in Form AOC-5"
A new proviso is inserted as:
"Provided also that nothing in this rule shall apply in respect of consolidation of financial statement by a company having subsidiary or subsidiaries incorporated outside India only for the financial year commencing on or after 1st April, 2014."
A new form, Form AOC-5 for the purpose has also been notified.