1) Sec. 209[3] – books of a/c on accrual basis under double entry system
2) Sec. 209[4] – preserve the books of a/c at least for a period of 8 years
3) Sec. 210 – Duty of the BODs – report AGM
4) Sec. 211 – forms and content of financial statement
5) Sec. 212 to 214 – accounts of subsidiary co.
6) Sec. 215 – B/s and P&L should be signed by CS and at least 2 directors
7) Sec. 216 – P&L a/c annexed to B/s
8) Sec. 217 – auditors report should be attached to B/s with all annexure
9) Copy of the Annual Report to shareholders at least 21 days before the AGM and 3 copies of B/s and P&L a/c to registrar with in 30 days from AGM
10)Sec. 205 to 208 – payment of dividend out of profit after providing depreciation.
11) Sec 205[2A] a portion of profit transfer to reserves before declaring dividend – minimum rates
12) Sec. 205[a] Dividend should be paid only in cash. Declared dividend if not paid with in 30 days such “unclaimed dividend” to be transfer to “unpaid dividend a/c” with in a period 7 days following the expiry of 30 days. Transfer to Investors Education and Protection Fund if unpaid for a period of 7 years
13) Sec.224- Appointment of Auditor [AGM to AGM]
