Companies Act, 1956
Section - 210 - Annual accounts and balance-sheet
Annual accounts and balance sheet.210. (1) At every annual general meeting of a company held in pursuance of , the Board of directors of the company shall lay before the company— (a) a balance sheet as at the end of the period specified in sub-section (3); and (b) a profit and loss account for that period.(2) In the case of a company not carrying on business for profit, an income and expenditure account shall be laid before the company at its annual general meeting instead of a profit and loss account, and all references to "profit and loss account", "profit" and "loss" in this section and elsewhere in this Act, shall be construed, in relation to such a company, as references respectively to the "income and expenditure account", "the excess of income over expenditure", and "the excess of expenditure over income".(3) The profit and loss account shall relate— (
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