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What is the contradiction..

Gaurav Singh (student) (496 Points)

24 October 2011

Hi, Friends.

Can anybody explain me the contradiction between section 219 and section 171 read with 170 of companies Act,1956?

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5 Replies

SIVASIVA (FCA, Future CA) (4935 Points)
Replied 24 October 2011

Dear,

Please let me know the Matter to which such sections deals with.

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Gaurav Singh (student) (496 Points)
Replied 24 October 2011

Section 171 deals with issuance of notice of general meeting and section 219 regarding issuance of Financial statements before AGM. But not understanding the contradiction?

ACCOUNTANT (Student) (559 Points)
Replied 24 October 2011

Sec 171 describes the length of notice given for a general meeting....i.e, the time before which it out to be posted to the members which is normally 21 days excluding the day of posting and the day of reach......

Where as Sec 219 describes about the right of shareholders to get them Provided with the financial statements of a company............namely Balance sheet and the P&l a/c............