(i)

(ii) Annual General Meeting : 

Every company shall in each year hold in addition to any other meetings a general meeting as its annual general meeting. Such a meeting will be held not more than fifteen months shall elapse betw een the date of one annual general meeting of a company and that of the next. A company may hold its first annual general meeting within a period of not more than ‘ eighteen months from the date of its incorporation; and if such general meeting is held within that period, 

it shall not be necessary for the company to hold any annual general meeting in the year of its incorporation or in the following year: 

Every annual general meeting shall be called for a time during business hours, on a day that is not a public holiday. 

(iii) Extra Ordinary General Meeting : The Board of Directors of a company shall proceed duly to call an extraordinary general meeting of the company. The requisition shall set out the matters for the consideration of which the meeting is to be called, shall be signed by the requisitionists and shall be deposited at the registered office of the company. The requisition may consist of several documents in like form, each signed by one or more revolutionists. 

(iv) Statutory Report: The Companies Act of 1956 has made it compulsory for all companies to maintain certain sets of books of account for recording the financial transactions and to publish its annual statements in the prescribed form from time to time. 

Some important provisions relating to preparation and publication of final accounts are as follows: 

• Publication of Balance Sheet 

• Form and Contents of Balance Sheet and Profit and Loss Account etc. 

If the directors fail to do so, that is considered civil and criminal offence and they may be penalized for that offence. So all companies disclose this information without failure. 

Non Statutory Reports: 

Non-statutory report is also at par in importance with statutory disclosure to get the complete idea of the companies business and prospects. It is discretionary to give non-statutory information in the annual reports. It depends on the company’s policy to disclose it.