Are unlisted public limited companies required to send hardcopies of annual report to all shareholders? Or are they exempt from sending hardcopies since soft copies are available on MCA site ?
3 Replies
Chirag
(Professional)
(1979 Points)
Replied 15 July 2021
There is no immunity for any company from sending financials, except certain classes of companies, Notice + BR+ financials to be send to each member on record date, if you have email ID you can send them soft copy else hard copy to be dispatched at least 24 days before meeting,On MCA website one has to pay fee to inspect documents, If query is in relation to Annual Return ( MGT-7) then it's a post AGM event and not required to be send to Shareholders but if company have website then we blink in board report mandatory..
CS Divesh Goyal
(Practicing Compnay Secretary)
(50535 Points)
Replied 21 July 2021
It is right of shareholders to get hard copy of annual report with NOtice of AGM.
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