Ministry of Company Affairs [MCA] has come up latest voluntary guideline that the Companies having not less than Rs. 10 cr. and not more than Rs. 100 cr. paid up capital should maintain functional website containing information in order to boost investor’s confidence and foster economic growth.
The
Functional website should contain following information:
(i)
General information about the company
(ii)
Details of the Board of Directors
(iii)
Brief
description of the Audit Committee
(iv)
Financial information about the company:
(v)
Details
of Subsidiary company [if any]
(vi)
Information about shares issued during last five
years
(vii)
Investor’s information
(viii)
Particulars
of shares of the company acquired/sold
(ix)
Investor’s complaint mechanism
(x)
Details of related parties and transactions with
them
(xi)
Company’s initiatives towards corporate social
responsibilities
(xii)
Details
about important pending litigation.
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