If A LTD has subsidiary B LTD. B LTD has subsidiary C LTD. Whether A LTD is required to upload the financial statement of B LTD alone or B LTD and C LTD both?

Questions › Category: Co.Audit - II › If A LTD has subsidiary B LTD. B LTD has subsidiary C LTD. Whether A LTD is required to upload the financial statement of B LTD alone or B LTD and C LTD both?

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Vikash Shrivastava asked 6 years ago

3 Answers

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Ravi Staff answered 6 years ago

A Ltd will upload — Standalone A Ltd / Consolidated A Ltd / FST of Foreign Subsidiary if Any
No need to upload FST of subsidiaries to ROC , as ROC will get them directly from respective companies.

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Vikash Shrivastava answered 6 years ago

Sorry sir… I want to ask to upload in website whether A LTD has to put FST of B LTD alone or B LTD and C LTD both

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Ravi Staff answered 6 years ago

If A Ltd is listed company and if it has website, it will have to upload, financial statements of subsidiaries, so B Ltd & C Ltd both are subsidiaries , hence their financial statements will be uploaded.
C Ltd is sub-subsidiary and hence covered in definition of subsidiary

If A LTD has subsidiary B LTD. B LTD has subsidiary C LTD. Whether A LTD is required to upload the financial statement of B LTD alone or B LTD and C LTD both?