21 July 2011
Can a shareholder inspect the books of accounts or can he ask information about the company's financials like debt or cash balance, etc at any time during the year? Can the company deny to give such information to shareholders? Plz enlighten.
23 July 2011
A shareholder is entitled to the duly audited balance sheet of the company.
As per section 219 and 220 it is duty of the company to provide the shareholder the following once in a year:
1. Notice of AGM 2. Directors report 3. auditors report 4. Balance sheet of the company.
Rgds
Querist :
Anonymous
Querist :
Anonymous
(Querist)
25 July 2011
Yes balance sheet is to be sent for the year end.. i meant that suppose a shareholder asks financial information say as on 30th July. then is it necessary for the company to provide such information to the shareholder?