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The summary financial statement shall be derived from the company’s annual accounts and the director’s report and shall be within the prescribed kind and include the prescribed information. LawyerLawyerlawyerSaint Vincent and the Grenadines law firmSaint Vincent And The Grenadines Law Firm
A company may apply to the Registrar for an order authorising the company to dispense with an audit committee, and the Registrar might, if he’s happy that the shareholders won’t prejudiced by such an order, allow the corporate to dispense with an audit committee on such cheap situations as he thinks match. The failure of a registrant to comply with this part doesn’t render void any assembly of shareholders or any action taken on the meeting. Upon the appliance of a company for authorization to omit from its monetary statements any prescribed item, or law firm turkish citizenship by investment to dispense with the publication of any specific prescribed financial statement, the Registrar may, if he fairly believes that disclosure of the data therein contained can be detrimental to the corporate, permit its omission on such reasonable situations as he thinks match. Shareholders of a company and their agents and authorized representatives might, upon request subsequently, examine the statements referred to in subsection through the traditional business hours of the company, and should make extracts from these statements, free of charge.