Section 220 - Three copies of balance sheet, etc., to be filed with Registrar.

Filing requirement: balance sheet and profit and loss must be filed within the prescribed period, with inspection limits for certain private companies.

Companies must file three signed copies of the balance sheet and profit and loss account with the Registrar within the prescribed period after those statements have been laid before the annual general meeting, accompanied by copies of all documents required to be annexed. Private companies file copies separately, and the Central Government may restrict inspection or copying of profit and loss accounts in specified private company categories. Where a balance sheet is not adopted at the meeting, a statement of that fact and reasons must be annexed. Defaults attract penal liability on the company and officers in default.