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?
Pls give the containts of annual report required for unlisted public company?
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
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
http://www.asialaw.com/Article/1989101/Channel/16958/Corporate-Governance-under-the-Indian-Companies-Act-1956.html
05 August 2010
Agree with experts. There is no such mandatory requirement for unlisted companies.
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