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Companies Act, 2013

Section 215

Accounts of holding company and subsidiary company

Quick Answer Reference: Section 215 Companies Act

  • Provision: Section 215 of Companies Act
  • Act: Companies Act, 2013
  • Classification: corporate
  • Jurisdiction: India
Statutory Content

What does Section 215 of Companies Act say?

Where a holding company and its subsidiary company are required to prepare a consolidated balance sheet and a consolidated profit and loss account, the holding company shall also prepare a balance sheet and a profit and loss account in such form and manner as may be prescribed.

Indian StandardSection 215, Companies Act, 2013
Bluebook (21st ed.)Companies Act, 2013, § 215 (India)
Court Pleading StandardSection 215 of the Companies Act, 2013
Canonical Web linkhttps://nyaya.cloud/acts/companies-act-2013/215

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Source: Gazette of India (Official Publication)Verify egazette.gov.in ↗
People Also Ask (PAA)

Common Questions about Section 215 Companies Act

What is Section 215 of Companies Act?

Section 215 of the Companies Act, 2013 (Companies Act) defines and regulates "Accounts of holding company and subsidiary company". The section states: Where a holding company and its subsidiary company are required to prepare a consolidated balance sheet and a consolidated profit and loss account, the holding company shall also p...

Landmark Case Laws

Landmark Judgments under Section 215 Companies Act

2017 10 SCC 1

Supreme Court of India

2014 8 SCC 273

Supreme Court of India

2013 2 SCC 1

Supreme Court of India

1978 1 SCC 248

Supreme Court of India

Commonly Cited Alongside

Sections commonly cited alongside Section 215

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