Section - 197 - Companies Act, 1956

Section - 197 - Publication of reports of proceedings of general meetings

Publication of reports of proceedings of general meetings.

197. (1) No document purporting to be a report of the proceedings of any general meeting of a company shall be circulated or advertised at the expense of the company, unless it includes the matters required by

to be contained in the minutes of the proceedings of such meeting.

(2) If any report is circulated or advertised in contravention of sub-section (1), the company, and every officer of the company who is in default, shall be punishable, in respect of each offence, with fine which may extend to

[five thousand] rupees.