Posting Annual Report to Members

29th April 2011

Dear Members

A closely held public company has about 300 shareholders. Every year the company use to send the Annual Report to its members under "Certificate of Posting". The postal department has recently withdrawn the Certificate of Posting facility. MCA has informed that the companies can now send the annual report to its members through email In our case it is not possible to obtain email id from all the members.

In view of the above, please inform whether it would be in order for the company to send the annual report to its members through Ordinary Post (No Proof of despatch would be available henceforth). Further please inform what are the other modes of posting are available to the company.

with regards

Muralidharan

Replies (1)

Muralidharan

considering the object of the Act, you can send the Annual report to yr shareholders by e-mail to the extent possible. The rest can be send by ordinary post/ courier/ regd post etc. The Act insisted on certificate of posting (CoP) to avoid the chance of not sending the papers by co to its shareholders.

 

for safe side, i can suggest you to write letter to your memers regarding the stopping of CoP and asking for their mail id. And also pl mention that sicne the CoP practice has been stopped, the Annual Reports will be sent to you by Ordinary post. Incase any one have not recd the same within a reasonable time, they can send request with their correct address.

 

In case facility is there, you can put the Annual Report in yr website and the same can be informed to the members accordingly.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details
Company
11 August 2026
Manager / Senior Manager - Statutory Audit

CommerceCareer

New Delhi

CA

View Details
Company
21 August 2026
Accountant

A G International

Kolkata

B.Com

View Details
Company
11 August 2026
COMPLIANCE EXECUTIVE

YMW COMPLIANCE SERVICES LLP

Others

CA Final

View Details
Company
ARTICLESHIP 24 August 2026
Article Assistant

M/s.S.G.Salecha & Co.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 17 August 2026
CA Article Trainee

ASC Group

Noida

CA Inter

View Details