ABCD Ltd. is a listed company and its financial results are about to be discussed and approved in the board meeting to be held on 20th July, 2022. Referring to the provisions of the Companies Act, 2013 and SEBI (Listing
CS Executive · Company Law · PYQS · December 2022
ABCD Ltd. is a listed company and its financial results are about to be discussed and approved in the board meeting to be held on 20th July, 2022. Referring to the provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 answer the following: (iii) Presenting financial reports by the listing company on its website, if the listed entity has subsidiaries.
Answer & Explanation:
As per section 136 of the Companies Act, every listed company having a subsidiary or subsidiaries shall place separate audited accounts in respect of each of subsidiary on its website, if any.
Topics: Corporate Governance and Disclosure
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