Examination of Balance Sheets by ROC’s

Balance sheets of all companies who carry out the filing are available for public inspection.

In the following cases the registrars routinely scrutinize balance sheets-

  1. Of companies against whom there are complaints,
  2. Of companies which have raised money from the public through public issue of shares/debentures etc.,
  3. In cases where the auditors have qualified the report,
  4. Default in payment of matured deposits and debentures,
  5. References received from other regulatory authorities pointing out violations.

To view the full text of the circular, please follow the link

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