Nca rules chapter9

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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,
SECTION 3, SUB-SECTION (i)]
Government of India
Ministry of Corporate Affairs
Notification
New Delhi, dated March, 2014
G.S.R. (E).- In exercise of the powers conferred under sub-sections (1) and
(3) of section 128, sub-section (3) of section 129, section 133, section 134, sub-
section (4) of section 135, sub-section (1) of section 136, section 137 and
section 138 read with section 469 of the Companies Act, 2013, and in
supersession of the Companies (Central Government’s) General Rules and
Forms, 1956 or any other rules prescribed under the Companies Act, 1956 (1 of
1956) on matters covered under these rules, except as respects things done or
omitted to be done before such supersession, the Central Government hereby
makes the following rules, namely:-
1. Short title and commencement. -
(1) These rules may be called the Companies (Accounts) Rules, 2014.
(2) They shall come into force on the date of their publication in the Official
Gazette.
2. Definitions.- (1) In these rules, unless the context otherwise requires,-
(a) “Act” means the Companies Act, 2013 (18 of 2013);
(b) “Annexure” means the Annexure to these rules;
(c) “Fees” means the fees as specified in the Companies (Registration Offices
and Fees) Rules, 2014;

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(d) ”Form” or ‘e-Form” means a form set forth in Annexure to these rules which
shall be used for the matter to which it relates;
(e) “Schedule” means the Schedule to the Act;
(f) “section” means the section of the Act;
(2) The words and expressions used in these rules but not defined and
defined in the Act or in the Companies (Specification of definitions details)
Rules, 2014, shall have the meanings respectively assigned to them in the
Act or in the said Rules.
3. Manner of books of account to be kept in electronic mode.- (1)
The books of account and other relevant books and papers maintained in
electronic mode shall remain accessible in India so as to be usable for
subsequent reference.
(2) The books of account and other relevant books and papers referred to
in sub-rule (1) shall be retained completely in the format in which they
were originally generated, sent or received, or in a format which shall
present accurately the information generated, sent or received and the
information contained in the electronic records shall remain complete and
unaltered.
(3) The information received from branch offices shall not be altered and
shall be kept in a manner where it shall depict what was originally
received from the branches.
(4) The information in the electronic record of the document shall be
capable of being displayed in a legible form.
(5) There shall be a proper system for storage, retrieval, display or
printout of the electronic records as the Audit Committee, if any, or the

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Board may deem appropriate and such records shall not be disposed of or
rendered unusable, unless permitted by law:
Provided that the back-up of the books of account and other books and
papers of the company maintained in electronic mode, including at a place
outside India, if any, shall be kept in servers physically located in India on
a periodic basis.
(6) The company shall intimate to the Registrar on an annual basis at the
time of filing of financial statement-
(a) the name of the service provider;
(b) the internet protocol address of service provider;
(c) the location of the service provider (wherever applicable);
(d) where the books of account and other books and papers are
maintained on cloud, such address as provided by the service
provider.
Explanation.- For the purposes of this rule, the expression "electronic
mode" includes “electronic form” as defined in clause (r) of sub-section
(1) of section 2 of Information Technology Act, 2000 (21 of 2000) and
also includes an electronic record as defined in clause (t) of sub-section
(1) of section 2 of the Information Technology Act, 2000 (21 of 2000) and
“books of account ” shall have the meaning assigned to it under the Act.
4. Conditions regarding maintenance and inspection of certain
financial information by directors.- (1) The summarised returns of the
books of account of the company kept and maintained outside India shall
be sent to the registered office at quarterly intervals, which shall be kept
and maintained at the registered office of the company and kept open to
directors for inspection.

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(2) Where any other financial information maintained outside the country
is required by a director, the director shall furnish a request to the
company setting out the full details of the financial information sought,
the period for which such information is sought.
(3) The company shall produce such financial information to the director
within fifteen days of the date of receipt of the written request.
(4) The financial information required under sub-rules (2) and (3) shall be
sought for by the director himself and not by or through his power of
attorney holder or agent or representative.
5. Form of Statement containing salient features of financial
statements of subsidiaries.- The statement containing the salient
feature of the financial statement of a company’s subsidiary or
subsidiaries, associate company or companies and joint venture or
ventures under the first proviso to sub-section (3) of section 129 shall be
in Form AOC-1.
6. Manner of consolidation of accounts.- The consolidation of financial
statements of the company shall be made in accordance with the
provisions of Schedule III of the Act and the applicable accounting
standards:
Provided that in case of a company covered under sub-section (3)
of section 129 which is not required to prepare consolidated financial
statements under the Accounting Standards, it shall be sufficient if the
company complies with provisions on consolidated financial statements
provided in Schedule III of the Act.

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7. Transitional provisions with respect to Accounting Standards.-
(1) The standards of accounting as specified under the Companies Act,
1956 (1 of 1956) shall be deemed to be the accounting standards until
accounting standards are specified by the Central Government under
section 133.
(2) Till the National Financial Reporting Authority is constituted under
section 132 of the Act, the Central Government may prescribe the
standards of accounting or any addendum thereto, as recommended by
the Institute of Chartered Accountants of India in consultation with and
after examination of the recommendations made by the National Advisory
Committee on Accounting Standards constituted under section 210A of
the Companies Act, 1956 (1 of 1956).
8. Matters to be included in Board’s report.- (1) The Board’s Report
shall be prepared based on the stand alone financial statements of the
company and the report shall contain a separate section wherein a report
on the performance and financial position of each of the subsidiaries,
associates and joint venture companies included in the consolidated
financial statement is presented.
(2) The Report of the Board shall contain the particulars of contracts or
arrangements with related parties referred to in sub-section (1) of section
188 in the Form AOC-2.
(3) The report of the Board shall contain the following information and
details, namely:-
(A) Conservation of energy-
(i) the steps taken or impact on conservation of energy;
(ii) the steps taken by the company for utilising alternate sources of
energy;

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(iii) the capital investment on energy conservation equipments;
(B) Technology absorption-
(i) the efforts made towards technology absorption;
(ii) the benefits derived like product improvement, cost reduction,
product development or import substitution;
(iii) in case of imported technology (imported during the last three
years reckoned from the beginning of the financial year)-
(a) the details of technology imported;
(b) the year of import;
(c) whether the technology been fully absorbed;
(d) if not fully absorbed, areas where absorption has not taken
place, and the reasons thereof; and
(iv) the expenditure incurred on Research and Development.
(C) Foreign exchange earnings and Outgo-
The Foreign Exchange earned in terms of actual inflows during the
year and the Foreign Exchange outgo during the year in terms of
actual outflows.
(4) Every listed company and every other public company having a paid
up share capital of twenty five crore rupees or more calculated at the end

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of the preceding financial year shall include, in the report by its Board of
directors, a statement indicating the manner in which formal annual
evaluation has been made by the Board of its own performance and that
of its committees and individual directors.
(5) In addition to the information and details specified in sub-rule (4), the
report of the Board shall also contain -
(i) the financial summary or highlights;
(ii) the change in the nature of business, if any;
(iii) the details of directors or key managerial personnel who were
appointed or have resigned during the year;
(iv) the names of companies which have become or ceased to be its
Subsidiaries, joint ventures or associate companies during the year;
(v) the details relating to deposits, covered under Chapter V of the Act,-
(a) accepted during the year;
(b) remained unpaid or unclaimed as at the end of the year;
(c) whether there has been any default in repayment of deposits
or payment of interest thereon during the year and if so, number
of such cases and the total amount involved-
(i) at the beginning of the year;
(ii) maximum during the year;
(iii) at the end of the year;
(vi) the details of deposits which are not in compliance with the
requirements of Chapter V of the Act;
(vii) the details of significant and material orders passed by the regulators
or courts or tribunals impacting the going concern status and company’s
operations in future;

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(viii) the details in respect of adequacy of internal financial controls with
reference to the Financial Statements.
9. Disclosures about CSR Policy.- The disclosure of contents of
Corporate Social Responsibility Policy in the Board’s report and on the
company’s website, if any, shall be as per annexure attached to the
Companies (Corporate Social Responsibility Policy) Rules, 2014.
10. Statement containing salient features of financial statements.-
The statement containing features of documents referred to in first
proviso to sub-section (1) of section 136 shall be in Form AOC-3.
11. Manner of circulation of financial statements in certain cases.-
In case of all listed companies and such public companies which have a
net worth of more than one crore rupees and turnover of more than ten
crore rupees, the financial statements may be sent-
(a) by electronic mode to such members whose shareholding is in
dematerialised format and whose email Ids are registered with
Depository for communication purposes;
(b) where Shareholding is held otherwise than by dematerialised
format, to such members who have positively consented in writing
for receiving by electronic mode; and
(c) by despatch of physical copies through any recognised mode of
delivery as specified under section 20 of the Act, in all other cases.
12. Filing of financial statements and fees to be paid thereon.-
(1) Every company shall file the financial statements with Registrar
together with Form AOC-4.

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(2) The class of companies as may be notified by the Central Government
from time to time, shall mandatorily file their financial statement in
Extensible Business Reporting Language (XBRL) format and the Central
Government may specify the manner of such filing under such notification
for such class of companies.
Explanation.- For the purposes of this sub-rule, the term “Extensible
Business Reporting Language” means a standardised language for
communication in electronic form to express, report or file financial
information by companies under this rule.
(3) The fees or additional fees referred to in sub-section (1) of section
137 and in the second proviso to the said sub-section and in sub-section
(2) of the said section shall be as specified in the Companies (Registration
Offices and Fees) Rules, 2014.
13. Companies required to appoint internal auditor.- (1) The
following class of companies shall be required to appoint an internal
auditor or a firm of internal auditors, namely:-
(a) every listed company;
(b) every unlisted public company having-
(i) paid up share capital of fifty crore rupees or more during the
preceding financial year; or
(ii) turnover of two hundred crore rupees or more during the
(iii) outstanding loans or borrowings from banks or public financial
institutions exceeding one hundred crore rupees or more at any
point of time during the preceding financial year; or
(iv) outstanding deposits of twenty five crore rupees or more at any
point of time during the preceding financial year; and
(c) every private company having-

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(i) turnover of two hundred crore rupees or more during the
(ii) outstanding loans or borrowings from banks or public financial
institutions exceeding one hundred crore rupees or more at any
point of time during the preceding financial year:
Provided that an existing company covered under any of the above
criteria shall comply with the requirements of section 138 and this rule
within six months of commencement of such section.
Explanation.- For the purposes of this rule –
(i) the internal auditor may or may not be an employee of the company;
(ii) the term “Chartered Accountant” shall mean a Chartered Accountant
whether engaged in practice or not.
(2) The Audit Committee of the company or the Board shall, in
consultation with the Internal Auditor, formulate the scope, functioning,
periodicity and methodology for conducting the internal audit.
______
26-03-2014

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FORM AOC-4
[See section 137 of the Companies Act, 2013 and
Rule 12(1) of Companies (Accounts) Rules, 2014
Form for filing financial
statement and other
documents with the
Registrar
Note-
-All fields marked in *are to be mandatorily filled.
-Figures appearing in the e-Form should be entered in Absolute Rupees only. Figures should
not be rounded off in any other unit like hundreds, thousands, lakhs, millions or crores.
Authorised capital of the company as on the date of filing (in Rs.) ___________
Number of members of the company as on the date of filing ____________
SEGMENT- I: INFORMATION AND PARTICULARS IN RESPECT OF BALANCE SHEET
Part A
I. General information of the company
1. (a) Corporate identity number (CIN) of company _________________ (Pre-fill)
(b) Global location number (GLN) of company __________________
2. Name of the company __________________
3. (a) Address of the registered office of the company ___________________________
(b) *e-mail ID of the company ____________________________
4(a) *Financial year to which balance sheet relates
From ____________ (DD/MM/YYYY) To _________
(DD/MM/YYYY)
(b) * Date of Board of directors’ meeting in which balance sheet was approved_____
(DD/MM/YYYY)
(c) Details of director(s), Managing Director, manager, secretary of the company who have signed
the balance sheet
Following details are to be entered only in case date of balance sheet is on or after 1st
July ‘2007
Provide Director Identification number (DIN) in case of director, Managing Director and Income –tax
permanent account number (Income-tax PAN) in case of manager, secretary

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[Information to be provided for each person]
5. (a) * Date of Board of directors’ meeting in which Board’s report referred to under section 134 was
approved ________
(DD/MM/YYYY)
(b) Details of director(s), Managing Director who have signed the Board’s report
Following details are to be entered only in case date of Board of directors’ meeting is on or after 1st
July’ 2007
6. * Date of signing of reports on the balance sheet by the auditors ______
(DD/MM/YYYY)
7. (a) * Whether annual general meeting (AGM) held ____ Yes _______ No
(b) If yes, date of AGM _________________ (DD/MM/YYYY)
(c) *Due date of AGM ________________ (DD/MM/YYYY)
(d) Date of AGM in which accounts are adopted by shareholders ____________
(DD/MM/YYYY)
(e) *Whether any extension for financial year or AGM granted __ Yes _____ NO
(f) If yes, due date of AGM after grant of extension __________________
(DD/MM/YYYY)
8. (a) *Whether the company is a subsidiary company as defined under section 2(87) ____ Yes ____
No
(b) CIN of the holding company, if applicable ______________________________ (Pre- Fill)
(c) Name of the holding company _______________________________________
(d) Provision pursuant to which the company has become a subsidiary _________________
9.(a) * Whether the company has a subsidiary company as defined under section 2(87) ___Yes__ No
(b) If yes, then indicate number of subsidiary company(s) ____________________
DIN or Income-tax PAN __________ (Pre-fill) Designation _____________
Name ___________________________________________________________________________
Date of signing of balance sheet__________ (DD/MM/YYYY)
DIN _____________ (Pre-fill) Designation ________________
Name ______________________________________________________________
Date of signing of Board’s report _____________________ (DD/MM/YYYY)

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CIN of subsidiary company _______________________________________________
Name of the subsidiary company ________________________________
Section under which the company has become a subsidiary _______________________
(Pre-fill all)
10. *Number of auditors _________
(I) (a) Category of auditor ____________ individual __________ Auditor’s firm
(b) *Income-tax PAN of auditor or auditor’s firm ________________________
(c)* Name of the auditor or auditor’s firm ______________________________
(d) * Membership number of auditor or auditor’s firm’s registration number ___________
(e) Address of the auditor or auditor’s firm
Line I
_____________________________________________
Line II
____________________________________________
* City ________ * State ________________________
Country _______________ *Pin code
___________________
(f) Details of the member representing the above firm
Name
________________________________________________________________________
Membership number ________
(g) * SRN of Form relating to appointment of auditors _______
11. (a) In case of a government company, whether Comptroller and Auditor-General of India (CAG of
India) has commented upon or supplemented the audit report under section 143 of the
Companies Act, 2013 _______ Yes ___________ No
(b) Provided details of comment(s) or supplement(s) received from CAG of India
(c) Director’s reply(s) on comments received from CAG of India

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(d) Whether CAG of India has conducted supplementary or test audit under section 143 _Yes _ No
12. (a) *Whether Schedule III of the Companies Act, 2013 is applicable ____ Yes ____ NO
(b)*Type of Industry ____________________________
Note: In case the type of industry is other than Banking or Power or Insurance or NBFC, then
select Commercial and Industrial (C&I).
Part –B I. BALANCE SHEET (As per Schedule III to the Companies Act, 2013 applicable for
the financial year commencing on or after 1.4.2011)
Particulars Figures as at the end of
(Current reporting
period) (in
Rs.)__________
(DD/MM/YYYY)
Figures as the end of
(Previous reporting
period) (in Rs.) ______
(DD/MM/YYYY)
I. EQUITY AND LIABILITIES
Shareholders’ funds
(a)Share capital
(b) Reserves and surplus
(c) Money received against share
warrants
(2) Share application money pending
allotment
(3) Non-current liabilities
(a) Long-term borrowings
(b) Deferred tax liabilities (net)
(c) Other long term liabilities
(d ) Long term provisions
(4) Current liabilities
(a)Short-term borrowings
(b)Trade payables
(c ) Other current liabilities
(d) Short-term provisions
TOTAL
II. ASSETS
(1) Non-current assets
(a)Fixed assets
(i) Tangible assets
(ii)Intangible assets
(iii) Capital work-in progress
(iv) Intangible assets under
development
(b) Non-current Investments
(c ) Deferred tax assets (net)
(d)Long-term loans and advances
(e ) Other non-current assets
(2) Current assets
(a) Current investments
(b)Inventories

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(c ) Trade receivables
(d) Cash and cash equivalents
(e ) Short-term loans and advances
(f)Other current assets
TOTAL
Part I. BALANCE SHEET (Applicable for financial year commencing before 01.04.2011)
Particulars Figures as at the end of
(Current financial year)
(in Rs.)
Figures for the period
(Previous financial
year) (in Rs.)
Sources of funds
Paid-up capital
Share application money
(pending allotment)
Reserve and surplus
Secured loans
Unsecured loans
Deferred tax liabilities (Net)
Other (Please specify)
TOTAL
Application of funds
Gross fixed assets (including intangible
assets)
Less: depreciation and amortization
Net fixed assets
Capital work- in-progress
Investments
Deferred tax assets (Net)
Current assets, loans and advances
(a)Inventories
(b)Sundry debtors
(c )Cash and bank balances
(d) Other current assets
(e )Loans and advances
Less: Current liabilities and provisions
(a)Liabilities
(b)Provisions
Net current assets
Miscellaneous expenditure to the extent
not written off or adjusted
Profit and loss account
Other (Please specify)
____________________________
TOTAL 0.00 0.00
II. Detailed Balance sheet items (Amount in Rs. ) as on balance sheet date (Applicable in case
of financial year commencing on or after 01.04.2011)
A. Details of long term borrowings (unsecured)

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Particulars Current reporting period Previous reporting period
Bonds/ debentures
Term Loans
-From banks
-From other parties
Deferred payment liabilities
Deposits
Loans and advances from
related parties
Long term maturities of
financial lease obligations
Other loans & advances
Total long term borrowings
(unsecured)
Out of above total, aggregate
amount guaranteed by directors
B. Details of short term borrowings (unsecured)
Particulars Currents reporting period Previous reporting period
Loans repayable on demand
-From banks
-From other parties
Loans and advances from
related parties
Deposits
Other loans and advances
Total short term borrowings
(unsecured)
Out of above total, aggregate
amount guaranteed by directors
C. Details of long term loans and advances (unsecured, considered good)
Capital advances
Security deposits
Loans and advances to other
related parties
Total long term loan and
advances
Less: Provision/ allowance for
bad and doubtful loans and
advances
-From related parties
-From others
Net long term loan and
advances (unsecured,
considered good)
Loans and advances due by
directors/ other officers of the
company (refer note 6.L.(iv) of
Schedule III)

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D. Details of long term loans and advances (doubtful)
Current reporting period Previous reporting period
Capital advances
Security deposits
Loans and advances to related
parties
Total long term loan and
advances
Less : Provision/ allowance for
bad and doubtful loans and
advances
-From related parties
-From others
Net long term loan and
advances (doubtful)
Loans and advances due by
directors/ other officers of the
company (refer note 6. L(iv) of
Schedule III)
E. Details of trade receivables
Particulars Current
reporting period
Previous
reporting period
Exceeding six
months
Within six
months
Exceeding six
months
Within six
months
Secured,
considered good
Unsecured,
considered good
Doubtful
Total trade
receivables
Less: provision/
allowance for bad
and doubtful debts
Net trade
receivables
Debt due by
(directors/others
officers of the
company (refer
note 6.M(iii) of
Schedule III)

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III. Financial parameters – Balance sheet items (Amount in Rs. ) as on balance sheet date
(unless specified otherwise)
1. *Amount of issue for contracts without payment received in cash during reporting period
_________________________
2. *Share application money given ___________________________________
3. *Share application money given during the reporting period ______________
4. *Share application money received during the reporting period _________
5. *Paid-up capital held by foreign company ____________________ per cent
6. *Paid-up capital held by foreign holding and/ or through its subsidiaries_______ per cent
7. *Number of shares bought back during the reporting period __________________
8. *Deposits accepted or renewed during the reporting period __________________
9. *Deposits matured and claimed but not paid during reporting period ______________
10. *Deposits matured and claimed but not paid ______________
11. *Deposits matured, but not claimed ___________
12. *Unclaimed matured debentures ____________
13. *Debentures claimed but not paid ___________
14. *Interest on deposits accrued and due but not paid _______________
15. *Unpaid dividend _________
16. *Investment in subsidiary companies ____________
17. *Investment in government companies ___________
18. *Capital reserve ___________________
19. *Amount due for transfer to Investor Education and Protection Fund (IEPF) ___________
20. *Inter-corporate deposits _____________________
21. *Gross value of transaction as per AS- 18 (if applicable) ____________________
22. *Capital subsidies or grants received from government authority(s) ____________
23. *Calls unpaid by directors _______________________
24. *Calls unpaid by others _______________
25. *Forfeited shares (amount originally paid-up) ____________
26. *Forfeited shares reissued ______________
27. *Borrowing from foreign institutional agencies _________________
28. *Borrowing from foreign companies ________________
29. *Inter-corporate borrowings -secured _______________
30. *Inter-corporate borrowings –unsecured _______________
31. *Commercial Paper ____________________________
32. *Conversion of warrants into equity shares during the reporting period __________________
33. *Conversion of warrants into preference shares during the reporting period _________
34. *Conversion of warrants into debentures during the reporting period ____________
35. *Warrants issued during the reporting period (In foreign currency) ______________
36. *Warrants issued during the reporting period (In Rs. ) _____________
37. *Default in payment of short term borrowings and interest thereon _______________
38. *Default in payment of long term borrowings and interest thereon ___________
39. *Whether any operating lease has been converted to financial lease or vise-a-versa__ Yes ___
No
Provides details of such conversions

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40. Net Worth of the company _______________________
41. Number of shareholders to whom shares allotted under private placement
__________________
during the reporting period
42. *Secured Loan _____________________
43. *Gross fixed assets (including intangible assets) _____________
44. *Depreciation and amortization ___________________
45. *Miscellaneous expenditure to the extent not written off or adjusted _______________
IV. Shares capital raised during the reporting period (Amount in Rs.)
Equity shares Preference shares Total
(a) Public issue
(b) Bonus issue
(c ) Rights issue
(d) Private placement arising out of
conversion of debentures/ preference
shares
(e) Other private placement
(f) Preferential allotment arising out of
conversion of debentures/ preference
shares
(g) Other preferential allotment
(h) Employee Stock Option Plan (ESOP)
(i) Other
(j) Total amount of shares capital raised
during the reporting period
V .Details of qualification(s), reservation(s) or adverse remark(s) made by auditors
1. *Whether auditors’ report has been qualified or has any reservations or contains adverse remarks
___ Yes ___ No
2. (a) Auditor’s qualification(s), reservation(s) or adverse remark(s) in the auditors’ report
(b) Director’s comments on qualification(s), reservation(s) or adverse remark(s) of the auditors as per
Board’s report

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VI. Details w.r.t Companies (Auditor’s Report) Order, 2003 (CARO)
1. Whether Companies (Auditor’s Report) Order, 2003 (CARO) applicable ______ Yes ___ NO
2. Auditor’s comment on the items specified under Companies (Auditor’s Report) Order, 2003
(CARO)
Particulars Auditor’s comments on the report
Fixed assets
Inventories
Loans given or taken by the company
Related Party Transactions/Section 188
Acceptance of Public Deposits
Maintenance of Cost records
Statutory dues
End use of borrowed funds
Special statute – chit fund companies
Nidhi/ mutual benefit fund-special
aspects
Financing companies –special aspects
Term loans
Preferential allotments
Disclosure of end use of funds
Others
VII. Details related to cost records and cost audit
1. *Whether maintenance of cost records by the company has been mandated under Cost
Accounting Record Rules __ Yes ___No
2. *Whether audit of cost records of the company has been mandated by Central Government
__ Yes __ No
3. If yes, names of the product of activity groups under cost audit
SEGMENT II: INFORMATION AND PARTICULARS IN RESPECT OF PROFIT AND
LOSS ACCOUNT
Part- A
I. STATEMENT OF PROFIT AND LOSS (As per Schedule III to the Companies Act, 2013
applicable for the financial year commencing on or after 1.4.2011)

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Figures for the period (Current
reporting period)(in.)
From _______
(DD/MM/YYYY)
To _______
(DD/MM/YYYY)
Figures for the period (Previous
reporting period) (in.)
From ________
(DDMMYYYY)
To __________
(DD/MM/YYYY)
(I) Revenue from operations
Domestic turnover
(i)Sale of goods
manufactured
(ii)Sale of goods traded
(iii)Sale or supply of
services
Export turnover
(i)Sale of goods
manufactured
(iii)Sale or supply of
services
(II) Other Income
(III) Total Revenue (I+II) 0.00 0.00
(IV) Expenses
Cost of materials
consumed
Purchases of stock in trade
Changes in inventories of
finished goods, work-in-
progress and stock in trade
Employee benefit
expenses
Managerial remuneration
Payment to Auditors
Insurance expenses
Power and fuel
Finance cost
Depreciation and
amortization expenses
Other expenses
Total expenses
(V) Profit before exceptional
and extraordinary items
and tax (III-IV)
(VI) Exceptional items
(VII) Profit before extraordinary
items and tax (V-VI)
(VIII) Extraordinary items
(IX) Profit before tax (VII-VIII)
(X) Tax Expense
(1) Current tax
(2) Deferred tax
(XI) Profit/(Loss) for the period
from continuing operations
(IX-X)

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(XII) Profit /(Loss) from
discontinuing operations
(XIII) Tax expense of
(XIV) Profit/ (Loss) from
(after tax) (XII-XIII)
(XV) Profit /(Loss) (XI+XIV)
(XVI) Earnings per equity share
(1) Basic
(2) Diluted
Part A
I. STATEMENT OF PROFIT AND LOSS (Applicable for financial year commencing before
01.4.2011)
Particulars Figures for the period (amount
in rupees) (Current financial
year)
From _____ (DD/MM/YYYY)
To ________ (DD/MM/YYYY)
Figures for the period (amount
in rupees (Previous financial
year)
From _____ (DD/MM/YYYY)
To ______ (DD/MM/YYYY)
Domestic turnover
(i)Sale of goods manufactured
(iii) Sale or supply of services
Export turnover
(i) Sale of goods manufactured
(ii) Sale of goods traded
(iii) Sale or supply of services
Other income
Total income
Raw material consumed (see
note 1)
Purchase made for re-sale (see
note 2)
Consumption of stores and
spare parts (see note 3)
(Increase) or decrease in
finished goods, work-in-
progress
Salaries, wages and bonus
Managerial remuneration
Payment of auditors
Interest
Insurance expenses
Power and fuel
Depreciation and amortization
Other expenditure
Total expenditure
Net Profit or Net Loss (before
tax and appropriation)

23
Income tax including deferred
tax
Note 1: Raw material consumed is to be given as per following calculation-
Opening stock of raw materials+ purchase of raw materials- closing stock of raw materials
Not 2: Purchase made for re—sale is to be given as per following calculation-
Opening stock of goods traded + purchases of goods traded- closing stock of goods traded
Note 3: Consumption of stores and spare parts to be given as per following calculation-
Opening stock of stores and spares + purchases of stores and spares – closing stock of store and spare
II. Detailed Profit and Loss items (Amount in) (applicable in case of financial year commencing on or
after 01.04.2011)
A. Details of earning in foreign exchange
Export of goods calculated on
FOB basis
Interest and dividend
Royalty
Know- how
Professional & consultation fees
Other income
Total Earning in Foreign Exchange
B. Details of expenditure in foreign exchange
Import of goods calculated on CIF
basis:
(i)raw material
(ii)component and spare parts
(iii)capital goods
Expenditure on account of
Royalty
Know-how
Professional & consultation fees
Interest
Other matters
Dividend paid
Total Expenditure in foreign
exchange
0.00 0.00
III. Financial parameters – Profit and loss account items (amount in ) during the reporting period
1.*Proposed Dividend _________________ _______ per cent
2. *Earning per share (in Rs) Basic _________________
Diluted _________________
3. *Income in foreign currency __________________

24
4. *Expenditure in foreign currency ___________________
5. *Revenue subsidies or grants received from government authority(s)
______________________
6. *Rent paid ___________________
7. *Consumption of stores and spare parts ____________________
8. * Gross value of the transaction with the related parties as per AS-18 (if applicable)
____________
9. *Bad debts of related parties as per AS-18 (if applicable)
______________
IV. Details related to principal products or services of the company
Total number of product/ services category(s) ___________
Product or service category code (ITC/NPCS 4 digit code) _________________________
Description of the product ___________________________________________
or service category
Turnover of the product or service category (in Rs) __________________________________
Highest turnover contributing product or service code (ITC/NPCS 8 digit code) _______________
Description of the product _______________________________________________
or service
Turnover of highest contributing product or service (in Rs.) __________________________
Note – Please refer to ‘Indian Trade Classification’ based on harmonized commodity description and
coding system issues by the ministry of Commerce & Industry for Product Codes and National
Product Classification for Services (NPCS) for Services codes issued by Ministry of Statistics &
Programme Implementation, Government of India.
V. Details of qualification(s), reservation(s) or adverse remark(s) made by auditors.
1. *Whether auditors’ report has been qualified or has any reservations or contains adverse remarks
____ Yes ____ No
2. (a) Auditor’s qualification(s), reservation(s) or adverse remark(s) in the auditors’ report
(b) Director’s comments on qualification(s), reservation(s) or adverse remark of the auditors as per
Board’s report
Segment C: Reporting of Corporate Social Responsibility (CSR)
1. *Period for which CSR is being reported From ____________ (DD/MM/YYYY)
To ____________ (DD/MM/YYYY)

25
2. (a) *Whether information includes information about subsidiary company(s) ___ Yes ___ No
(b) If yeas, then indicate number of such subsidiary company(s) _____________
3. (a) *Whether information includes information about any other entity(s) ____ Yes ___ No
(e.g. supplies, value chain etc.)
(b) If yes, then indicate number of such entity(s) _______________
4. (a) *Does the company have a written CSR policy ____ Yes _____ No
If yes, attach a copy
(b) Brief contents of the CSR policy _________
___ Overview of projects or preforms proposed to be undertaken
____ We-link of company at which CSR policy is places
____ Web link projects or performs undertaken
_____ Others
5. The Composition of the CSR Committee
6. Average net profit of the company for last three financial years.
7. Prescribed CSR Expenditure (two per cent. off the amount as in item 6 above)
8. Details of CSR spent during the financial year.
(a) Total amount to be spent for the financial year.
(b) Amount unspent, if any;
(c) Manner in which the amount spent during the financial year is detailed below.
(1) (2) (3) (4) (5) (6) (7) (8)
S. No CSR
project or
activity
identified.
Sector in
which
the
Project
is
covered
Projects or
programs
(1) Local
area or
other
(2)
Specify
the State
and
district
where
projects or
programs
was
undertaken
Amount
outlay
(budget)
project or
programs
wise
Amount
spent on
the projects
or
programs
Sub-heads:
(1) Direct
expenditure
on projects
or
programs.
(2)
Overheads:
Cumulative
expenditure
upto to the
reporting
period.
Amount
spent: Direct
or through
implementing
agency *
1
2
3
TOTAL

26
*Give details of implementing agency:
9. In case the company has failed to spend the two per cent. of the average net profit of the last three
financial years or any part thereof, the reasons for not spending the amount in its Board report.
10. A responsibility statement of the CSR Committee that the implementation and monitoring of CSR
Policy, is in compliance with CSR objectives and Policy of the company.
Segment D: DISCLOSURE ABOUT RELATED PARTY TRANSACTIONS
Disclosure of particulars of contracts/arrangements entered into by the company with related parties
referred to in sub-section (1) of section 188 of the Companies Act, 2013 including certain arm’s
length transactions under third proviso thereto
1. Details of contracts or arrangements or transactions not at arm’s length basis
(a) Name(s) of the related party and nature of relationship
(b) Nature of contracts/arrangements/transactions
(c) Duration of the contracts / arrangements/transactions
(d) Salient terms of the contracts or arrangements or transactions including the value, if any
(e) Justification for entering into such contracts or arrangements or transactions
(f) Date(s) of approval by the Board
(g) Amount paid as advances, if any:
(h) Date on which the special resolution was passed in general meeting as required under first
proviso to section 188
2. Details of material contracts or arrangement or transactions at arm’s length basis
(d) Salient terms of the contracts or arrangements or transactions including the value, if any:
(e) Date(s) of approval by the Board, if any:
(f) Amount paid as advances, if any:
Attachments

27
1.*Copy of balance sheet duly authenticated as per section 134 Attach
(including Board’s report, auditors’ report and other documents)
2. Statement of subsidiaries as per section 129 Attach
3. Statement of the fact and reasons for not adopting balance sheet in Attach
The annual general meeting (AGM)
4. Statement of the fact and reasons for not holding the AGM Attach
5 Approval letter of extension of financial year or AGM Attach
6. Supplementary or test audit report under section 143 Attach
7. **Copy of Profit and Loss Account duly authenticated as per section 134 Attach
8. Company CSR policy Attach
9. Company CSR report Attach
10. Details of subsidiary(s) Attach
11. Details of other entity(s) Attach
12. Optional attachment(s) Attach
Verification
I confirm that all the particulars mentioned above are as per the attached balance sheet and profit and
loss account and other related documents, all of which are duly signed and authenticated as required
under the Companies Act, 2013.
I also confirm that to the best of my knowledge and belief, the information given in the form and its
attachments is correct and complete.
I have been authorised by the Board of directors’ resolution number * _______ dated___
(DD/MM/YYYY)
To sign and submit this form.
To be digitally signed by
Managing Director or manager or secretary of the company ________________
*Designation ___________________________________________
*Din of the director or Managing Director; or
Income- tax PAN of the manager; or _________________
Membership number, if applicable or income-tax PAN of the secretary ____________________
(Secretary of a company who is not a member of ICSI, may quote his/her income-tax PAN)
Certificate
It is hereby certified that I have verified the above particulars (including attachment(s)) from the
records of
and found them to be true an correct. I further certify that all required attachment(s) have been
completely
attached to this form.

28
____ Chartered account (in whole-time practice) or ___ Cost accountant (in whole-time practice) or
____ Company secretary (in whole-time practice) ____________________
*Whether associate or fellow ____ Associate ___ Fellow
*Membership number or certificate or practice number ____________________________
[File 1/19/2013-CL-V]
(Renuka Kumar)
Joint Secretary to the Government of India

29
Annexure
Form AOC-I
(Pursuant to first proviso to sub-section (3) of section 129 read with rule
5 of Companies (Accounts) Rules, 2014)
Statement containing salient features of the financial statement of
subsidiaries/ associate companies/ joint ventures
Part “A”: Subsidiaries
(Information in respect of each subsidiary to be presented with amounts
in Rs )
1. Sl. No.
2. Name of the subsidiary
3. Reporting period for the subsidiary concerned, if different from the
holding company’s reporting period
4. Reporting currency and Exchange rate as on the last date of the
relevant Financial year in the case of foreign subsidiaries.
5. Share capital
6. Reserves & surplus
7. Total assets
8. Total Liabilities
9. Investments
10. Turnover
11. Profit before taxation
12. Provision for taxation
13. Profit after taxation
14. Proposed Dividend
15. % of shareholding
Notes: The following information shall be furnished at the end of the
statement:
1. Names of subsidiaries which are yet to commence operations

30
2. Names of subsidiaries which have been liquidated or sold during the
year.
Part “B”: Associates and Joint Ventures
Statement pursuant to Section 129 (3) of the Companies Act, 2013 related to Associate Companies
and Joint Ventures
Name of Associates/Joint Ventures Name 1 Name 2 Name 3
1. Latest audited Balance Sheet Date
2. Shares of Associate/Joint Ventures held by the
company on the year end
No.
Amount of Investment in Associates/Joint Venture
Extend of Holding %
3. Description of how there is significant influence
4. Reason why the associate/joint venture is not
consolidated
6. Networth attributable to Shareholding as per latest
audited Balance Sheet
7. Profit / Loss for the year
i. Considered in Consolidation
i. Not Considered in Consolidation
1. Names of associates or joint ventures which are yet to commence
operations
2. Names of associates or joint ventures which have been liquidated or
sold during the year.
Note : This Form is to be certified in the same manner in which the
Balance Sheet is to be certified.

31
Form No. AOC-2
(Pursuant to clause (h) of sub-section (3)of section 134 of the Act and
Rule 8(2) of the Companies (Accounts) Rules, 2014)
Form for disclosure of particulars of contracts/arrangements
entered into by the company with related parties referred to in
sub-section (1) of section 188 of the Companies Act, 2013
including certain arms length transactions under third
proviso thereto
1. Details of contracts or arrangements or transactions not at arm’s
length basis
(d) Salient terms of the contracts or arrangements or transactions
including the value, if any
(e) Justification for entering into such contracts or arrangements or
transactions
(f) date(s) of approval by the Board
(g) Amount paid as advances, if any:
(h) Date on which the special resolution was passed in general
meeting as required under first proviso to section 188
2. Details of material contracts or arrangement or transactions at
arm’s length basis

32
(d) Salient terms of the contracts or arrangements or transactions
including the value, if any:
(e) Date(s) of approval by the Board, if any:
(f) Amount paid as advances, if any:
Form shall be signed by the persons who have signed the Board’s
report.

33
FORM AOC-3
(Pursuant to first proviso to sub-section (1) of section 136 of the Act and Rule
10 of Companies (Accounts) Rules, 2014)
Statement containing salient features of Balance Sheet and Profit and Loss
Account
Form of Abridged Financial Statements
Name of the Company ………………
Abridged Balance Sheet as at ……………… (Rupees in …….)
Figures at the end of
Sr
No
Particulars Current
reporting
period
(DD/MM/YY)
Previous
reporting period
(DD/MM/YY)
I EQUITY AND LIABILITIES
(1) Shareholders’ funds
(a) Paid-up Share Capital
(i)Equity
(ii)Preference
(b) Reserves and surplus
(i) Capital Reserves(including
Revaluation reserve, if any)
(ii) Revenue Reserves
(iii) Surplus
(c ) Money received against share
warrants
(2) Share application money pending allotment
(3) Non-current liabilities
(a) Long-term borrowings
(b) Deferred tax liabilities(Net)
(c) Other Long-term liabilities
(d) Long-term provisions
(4) Current liabilities
(a) Short-term borrowings
(b) Trade Payables

34
(c) Other current liabilities
(d) short-term provisions
Total of (1) to (4)
II. ASSETS
(5) Non-current assets
(a) Fixed assets
(i) Tangible assets( original cost less
Depreciation)
(ii) Intangible assets(original cost less
Depreciation/amortisation)
(iii) Capital work-in-progress
(iv) Intangible assets under development
(b) Non-current investments
(c ) Deferred tax assets(net)
(d) Long-term loans and advances
(e) Other Non-Current Assets
(6) Current assets
(a) Current investments
(b) Inventories
(c ) Trade Receivables
(d) cash and cash equivalents
(e) short-term loans and advances
(f) Other current assets
Total of (5) to (6)
Note: Complete Balance Sheet, Statement of Profit and Loss, other
statements and notes thereto prepared as per the requirements of
Schedule III to the Act are available at the Company’s website at
link……………………

35
Abridged Profit and Loss Account for the year ended on …………
(Rupees in ……..)
Sr.No Particulars Figures for the
current reporting
period(DD/MM/YY)
Figures for the
previous reporting
period(DD/MM/YY)
I Income
Revenue from
operations(details to
be given as
per *)
II Other Income
III Total Income(I+II)
IV Expenditure
(a) Cost of materials
consumed
(b) Purchase of stock-in-
trade
(c) Changes in
inventories of finished
goods, work-in-
progress and stock-in-
trade
(d) Employee benefit
expense
(e) Finance costs
(f) Depreciation and
amortisation expenses
(g) Other expenses
Total Expenditure

36
(a to g)
V Profit before
exceptional and
extraordinary items
and tax
(III-IV)
VI Exceptional items
VII Profit before
extraordinary items
and tax
(V-VI)
VIII Extraordinary items
IX Profit/(loss) before
tax(VII-VIII)
X 1.Tax expense
2.Deferred tax
XI Profit/(Loss) after tax
for the period from
continuing
operations(IX-X)
XII Profit/(loss)from
discontinued
operations
XIII Tax expenses of
discontinued
operations
XIV Profit/(loss) from
discontinued
operations(after tax)
(XII-XIII)
XV Profit/(Loss) for the
year (XI+XIV)
XVI Earnings per equity
share:

37
(a) Basic
(b) Diluted
* Details of Revenue from Operations:
a) In respect of a company other than a finance company, revenue from
operations shall be disclosed as under:
(Rupees in ……….)
S.No Particulars Figures for the
current reporting
period(DD/MM/YY)
Figures for the
previous reporting
period(DD/MM/YY)
I Sale of products
manufactured
II Sale of goods traded
III Revenue from services
provided
IV Other Operational
Revenue
b) In respect of a finance company, revenue from operations shall be disclosed
as under:
(a) Revenue from interest; and
(b) Revenue from Other financial services
NOTES TO THE ABRIDGED BALANCE SHEET AND THE ABRIDGED PROFIT
AND LOSS ACCOUNT
1. The amounts to be shown here should be the same as shown in the
corresponding aggregated heads in the financial statements as per
Schedule III or as near thereto as possible.

38
2. The total amount of contingent liabilities and that of commitments should
be shown separately.
3. All notes forming part of the financial statements as per Schedule III to
which specific attention has been drawn by the auditors or which form a
subject matter of qualification by the auditor should be reproduced.
4. If fixed assets are revalued, the amount of revaluation to be shown
separately for the first five years subsequent to the date of revaluation.
5. Any item which constitutes 20% or more of the total income or
expenditure(including provisions) should be shown separately.
6. Amount, if material, by which any item shown in the profit and loss
account are affected by any change in the accounting policy, should be
disclosed separately.
7. Notes shall include the notes, if any, contained in the complete financial
statements pertaining to the following:
(a) Period and amount of defaults on the balance sheet date in
repayment of loans and interest
(b) Amalgamations, acquisitions, restructurings and demergers during
the reporting period.
(c) Material events affecting the going concern assumption.
(d) Investigation and inspection conducted or ordered under the
provisions of Companies Act, 2013.
(e) Non-compliance with any law during the reporting period.
(f) Any other note considered significant by the management.
8. Book value and Market value of quoted Investments (both for current year
as well as previous year) be mentioned.
9. Notes in the abridged balance sheet should be given the same number as
in the main balance sheet.
10. Disclosure of Related Party Transaction shall be made in terms of the
requirements of Accounting Standards.
11. Details of cash and cash equivalents shall be disclosed as follows:
(a) Balances with banks;
(b) Cheques, drafts on hand;
(c) Cash in hand;
(d) Others( specify nature)

39
12. In terms of Accounting Standard (AS)3, Cash Flow Statement, wherever
required and notified, the following abridged Cash Flow Statement shall be
included:
Abridged Cash Flow Statement
Figures for the current Figures for the previous
reporting period reporting period
1.Cash flows from
Operating activities
2.Cash flows from
Investing activities
3.Cash flows from
Financing activities
4.Net increase/(decrease)
In cash and cash
Equivalents
5.Cash and cash equivalents
At the beginning of period
6.Cash and cash equivalents
At the end of period
13.Segment revenue, segment capital employed(segment assets minus segment
liabilities) and segment result for business segments or geographical
segments, whichever is the enterprise’s primary basis of segment
reporting(disclosure of segment information shall be presented) only if the
company is required, in terms of Accounting Standards.
14.Level of rounding off should be the same as in the main balance sheet and
the profit and loss account.
15.Where compliance with the requirements of the Act including Accounting
Standards as applicable to the companies require any change in treatment or
disclosure including addition, amendment, substitution or deletion in the
head/subhead or any changes inter se in the financial statements or
statements forming part thereof, the same shall be made.

40
The above stated salient features of the Balance Sheet and the Profit and
Loss Account should be authenticated in the same manner as the Main
financial statements.
AUDITOR’S REPORT
Auditor’s Report shall be submitted by the statutory auditors in accordance
with the Auditing Standards. Auditor’s report on unabridged financial
statements shall also be given.
DIRECTOR’S REPORT
Salient features of Director’s Report shall be disclosed.
CONSOLIDATED FINANCIAL STATEMENTS
1. Where a company is required to prepare Consolidated Financial Statements,
i.e. consolidated balance sheet and consolidated statement of profit and loss,
the company shall mutatis mutandis follow the requirements of Schedule III
of the Act, as applicable to a company in the preparation of balance sheet and
statement of profit and loss. In addition, the consolidated financial statements
shall disclose the information as per the requirements specified in the
applicable Accounting Standards including the items specified at Serial
numbers (1) and (2) under the heading “general instructions for the
preparation of consolidated financial statements” contained in the said
Schedule.
Note : To be certified in the same manner in which the Balance Sheet is
to be certified.

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