Statutory meeting and statutory report of company.

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....Act referred to as "the statutory report") to every member of the company: Provided that if the statutory report is forwarded later than is required above, it shall, notwithstanding that fact, be deemed to have been duly forwarded if it is so agreed to by all the members entitled to attend and vote at the meeting.      (3) The statutory report shall set out__           (a) the total number of shares allotted, distinguishing shares allotted as fully or partly paid-up otherwise than in cash, and stating in the case of shares partly paid-up, the extent to which they are so paid-up, and in either case, the consideration for which they have been allotted;    &nbs....

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....tract, if any, has not been carried out, and the reasons therefor;           [2][(g) the arrears, if any, due on calls from every director and from the manager; and]           [3][(h) the particulars of any commission or brokerage paid or to be paid in connection with the issue or sale of shares or debentures to any director or to the manager.]      (4) The statutory report shall be certified as correct by not less than two directors of the company one of whom shall be a managing director, where there is one. After the statutory report has been certified as aforesaid, the auditors of the company shall, in so far as the report rel....

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....fault is made in complying with the provisions of this section, every director or other officer of the company who is in default shall be punishable with fine which may extend to [5][five thousand rupees].      (10) This section shall not apply to a private company.     ------------------------------- Notes:- [1] Omitted by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000, as provisions relating to managing agents, secretaries and treasures," had become redundant after abolition of system by Act 17 of 1969. [2] Substituted by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000 for the following: "(g) the arrears, if any, due on calls from every director; from the managing agent, every partner o....