annual report

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

05 August 2010 Is it complusary for unlisted public company to prepare and show report on corporate Governance and report on corporate Social Resposibility in annual report?

Pls give the containts of annual report required for unlisted public company?

Kaustuv

Kaustuv (Expert)
Follow

05 August 2010 No as there is no such requirement in the Companies Act. The requirements only stem from SEBI guidelines which do not apply to an unlisted company

VINOD ARORA

VINOD ARORA (Expert)
Follow

05 August 2010 Also, please refer the weblink below to see indirect provisions relating to corp governance in the Companies Act:

http://www.asialaw.com/Article/1989101/Channel/16958/Corporate-Governance-under-the-Indian-Companies-Act-1956.html

Upgrade to CAclubindia Pro. Subscribe Now!