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Question

Provisions relating to accounts are contained in sections ______ of the Companies Act,2013.

A
120-134
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B
128-137
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C
205-230
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D
199-210
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Solution

The correct option is B 128-137
Provision relating to accounts are contained in sections 128-137 of the Companies Act, 2013.
Following is the list of section:
128 -Books of account, etc, to be kept by company
129 - Financial statement
130 -Reopening of accounts on court's or Tribunal's orders
131 -Voluntary revision of financial statements or Board's report
132 -Constitution of National Financial Reporting Authority
133 -Central Government to prescribe accounting standards
134 -Financial statement, Board's report, etc
135 -Corporate Social Responsibility
136 -Right of member to copies of audited financial statement
137 -Copy of financial statement to be filed with Registrar

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