Listed public companies must file an AGM report within 30 days or face company and officer penalties. Every listed public company must prepare a prescribed report on each annual general meeting confirming compliance with the Act and file a copy with the Registrar within thirty days of the meeting, paying prescribed or additional fees. If the company fails to file within that period it faces a penalty of one lakh rupees and, for continuing failure, five hundred rupees per day up to five lakh rupees; every officer in default faces a minimum penalty of twenty-five thousand rupees and, for continuing failure, five hundred rupees per day up to one lakh rupees.
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Listed public companies must file an AGM report within 30 days or face company and officer penalties.
Every listed public company must prepare a prescribed report on each annual general meeting confirming compliance with the Act and file a copy with the Registrar within thirty days of the meeting, paying prescribed or additional fees. If the company fails to file within that period it faces a penalty of one lakh rupees and, for continuing failure, five hundred rupees per day up to five lakh rupees; every officer in default faces a minimum penalty of twenty-five thousand rupees and, for continuing failure, five hundred rupees per day up to one lakh rupees.
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