Conducting of AGM by Companies

Posted: 09/05/2012 in News

The Companies Act, 1956 prescribes filing of a copy of the Balance Sheet and Annual Report after the AGM has been conducted, with the concerned Registrar of Companies. There is no requirement under the Companies Act requiring the Registrar of Companies to maintain actual holding of AGM. Further, listed companies are required to supply copies of Annual Reports to their shareholders. Monitoring of compliance in respect of listed companies is carried out by the Stock Exchanges concerned.

This information was given by the Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh in the Rajya Sabha today in reply to a written question.

Source: Press Information Bureau.

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