Green Initiative in the Corporate Governance- Clarification regarding sending copies of Balance Sheets and Auditors Report etc., to the members of the company as required under section 219 of the Companies Act, 1956 through electronic mode.

Electronic delivery of statutory corporate reports permitted where members consent, website posting, accessibility, and free physical copies on request.

Companies may comply with the obligation to supply annual statutory documents by sending them by e mail if the company has obtained members' e mail addresses after offering an opportunity to register and update them, posts full text of the documents on its website with prior newspaper notice in vernacular and English, ensures website accessibility, sends documents by other statutory modes to members who have not registered e mail addresses, and provides physical copies on request free of charge.