claues 129 of the Companies bill 2011 which provides for financial statement. The significant of the clause is that explanation to the clause.
Explanation.—For the purposes of this sub-section, the word “subsidiary” shall include
associate company and joint venture
The definition of subsidiary is widenend and you will not be in a position to escape. Moreover, for subsidairy, the balance sheet
Explanation.—For the purposes of this sub-section, the word “subsidiary” shall include
associate company and joint venture
The definition of subsidiary is widenend and you will not be in a position to escape. Moreover, for subsidairy, the balance sheet
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