Rule 11 Manner of circulation of financial statements in certain cases
- Text as on
- Gazette to 31 May 2023; rule 12 current to 14 August 2026
11. Manner of circulation of financial statements in certain cases.- In case of all listed companies and such public companies which have a net worth of more than one crore rupees and turnover of more than ten crore rupees, the financial statements may be sent-
(a) by electronic mode to such members whose shareholding is in dematerialised format and whose email Ids are registered with Depository for communication purposes;
(b) where Shareholding is held otherwise than by dematerialised format, to such members who have positively consented in writing for receiving by electronic mode; and
(c) by despatch of physical copies through any recognised mode of delivery as specified under section 20 of the ActDefined in rule 2(a): Act means the Companies Act, 2013 (18 of 2013), in all other cases.