1. E-form AOC-5

As per section 128 of the Companies Act 2013, Company can change place where Books of accounts are being maintained by passing a Board Resolution and intimating Registrar of Companies within 7 Days. However no form was prescribed. MCA has amended amendment in Companies (Accounts) Rules 2014 by inserting rule 2A after rule ;

‘2A. Notice of address at which books of account are to be maintained.- For the purpose of the first proviso to sub-section (l) of section 128, the notice regarding address at which books of account may be kept shall be in Form AOC-5 ”

  1. No Need To Consolidate Financial Statement By Company Having Subsidiary Or Subsidiaries Incorporated Outside India.

MCA has provided relief to Companies having subsidiary(s) outside India by inserting following proviso after third proviso or Rule 6;

“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 1″ April, 2014.”

To view the notification visit the following link:

268, Business India Complex,
Uday Park, New Delhi-110049
Call us : +91 9718483209


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