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Re: Dispatch of Annual Report via e-mail
The Ministry of Corporate Affairs has taken a “Green Initiative” in the Corporate Governance by allowing
paperless compliances by the companies and has issued a circular No. 18/2011on 29th April, 2011,stating
that the service of documents by a company to its shareholders/members can now be made through electronic mode and the same is approved by the Governing Council at its meeting held on 7th June 2011.
The Institute as a part of “Green Initiative” proposes to send the Annual Report via e-mail which contains Notice calling the Annual General Meeting, the Audited Financial Statements, including the Balance Sheet and
Profit and Loss Account, Director’s Report, Auditor’s report, etc.
The Institute would like to notify that Annual Report for the year ending 31st March 2011 onwards will be sent via email to all the members.
In cases, where any member(s) has not registered his email address for receiving the Balance Sheet etc through email, the Balance Sheet etc. will be sent by other modes of services as provided under section 53 of the companies Act.1956.
In case any member(s) insists for printed copies of the above documents, the same shall be sent to the members by post.
In order to adopt to the paperless mode of communication, we request all the members to update their e-mail id with the respective Zonal Offices/Corporate Office to enable the Institute to send Annual Report via e-mail to them.
The Institute will appreciate if all the members participate in the “Green Initiative” of the Institute and co-operate by updating their e-mail id immediately with the Institute, in order to achieve the objective set by the Government of India.
Mumbai/15-6-2011
Chief Executive Officer
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