Rule 8A Matters to be included in Board's Report for One Person Company and Small Company
1Ins. by G.S.R. 725(E), dated 31st July, 2018 (Companies (Accounts) Amendment Rules, 2018).(1) The Board's Report of One Person Company and Small Company shall be prepared based on the stand alone financial statement of the company, which shall be in abridged formDefined in rule 2(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; 1[(da) Indian Accounting Standards means the Indian Accounting Standards referred to in rule 3 and Annexure to the Companies (Indian Accounting Standards) Rules, 2015;] and contain the following:-
1Ins. by G.S.R. 725(E), dated 31st July, 2018 (Companies (Accounts) Amendment Rules, 2018).(a) the web address, if any, where annual return referred to in sub-section (3) of section 92 has been placed;
1Ins. by G.S.R. 725(E), dated 31st July, 2018 (Companies (Accounts) Amendment Rules, 2018).(b) number of meetings of the Board;
1Ins. by G.S.R. 725(E), dated 31st July, 2018 (Companies (Accounts) Amendment Rules, 2018).(c) Directors' Responsibility Statement as referred to in sub-section (5) of section 134;
1Ins. by G.S.R. 725(E), dated 31st July, 2018 (Companies (Accounts) Amendment Rules, 2018).(d) details in respect of frauds reported by auditors under sub-section (12) of section 143 other than those which are reportable to the Central Government;
1Ins. by G.S.R. 725(E), dated 31st July, 2018 (Companies (Accounts) Amendment Rules, 2018).(e) explanations or comments by the Board on every qualification, reservation or adverse remark or disclaimer made by the auditor in his report;
1Ins. by G.S.R. 725(E), dated 31st July, 2018 (Companies (Accounts) Amendment Rules, 2018).(f) the state of the company's affairs;
1Ins. by G.S.R. 725(E), dated 31st July, 2018 (Companies (Accounts) Amendment Rules, 2018).(g) the financial summary or highlights;
1Ins. by G.S.R. 725(E), dated 31st July, 2018 (Companies (Accounts) Amendment Rules, 2018).(h) material changes from the date of closure of the financial year in the nature of business and their effect on the financial position of the company;
1Ins. by G.S.R. 725(E), dated 31st July, 2018 (Companies (Accounts) Amendment Rules, 2018).(i) the details of directors who were appointed or have resigned during the year;
1Ins. by G.S.R. 725(E), dated 31st July, 2018 (Companies (Accounts) Amendment Rules, 2018).(j) the details or significant and material orders passed by the regulators or courts or tribunals impacting the going concern status and company's operations in future.
1Ins. by G.S.R. 725(E), dated 31st July, 2018 (Companies (Accounts) Amendment Rules, 2018).(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 FormDefined in rule 2(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; 1[(da) Indian Accounting Standards means the Indian Accounting Standards referred to in rule 3 and Annexure to the Companies (Indian Accounting Standards) Rules, 2015;] AOC-2.
1. Ins. by G.S.R. 725(E), dated 31st July, 2018 (Companies (Accounts) Amendment Rules, 2018).