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— (.... To read the full section download the app from Google Play store
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