Write in brief your observations after review of Annual Report of Any Public Limited Indian Company preferably after introduction of Companies Act, 2013
Answers
Answer:
The Companies Act, 2013, requires the Board of Directors of every company to attach its report to the financial statements to be laid before the members at the annual general meeting
Director Report is very crucial document of a Company. It is is an important means of communication by the Board of Directors of a company with its stakeholders
Section 134 of Companies Act, 2013 mandates certain disclosures to be made in the Board’s Report, additionally, a listed company is required to comply with disclosures requirement stated under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Answer:
The Companies Act, 2013, requires the Board of Directors of every company to attach its report to the financial statements to be laid before the members at the annual general meeting
Explanation:
What is annul general meeting?
- Objective: The objective of the AGM is to provide the time for discussion of the functioning of the company. It is done to protect the rights of the interests and to discuss the matters related to the conduct of the event or affairs related to the company.
- Legal formalities: In accordance with the company act, the annual general meeting should be held every year. There should not be a gap of more than 15 months between the two held AGM.
Learn more about annual general meeting:
brainly.in/question/7928480
brainly.in/question/10619507
#SPJ3