law: Companies Act, 2013 
  Chapter
  
  XXIII
  Government
  
  Companies
  394.
  
    Annual
  
  reports on Government companies.
  1.      Where the Central
  
  Government is a member of a Government company, the Central Government shall
  
  cause an annual report on the working and affairs of that company to be—
  a.     
  
    prepared
  
  within three months of its annual general meeting before which the comments
  
  given by the Comptroller and Auditor-General of India and the audit report is
  
  placed under the proviso to sub-section (6 ) of section 143; and
  b.    
  
    as
  
  soon as may be after such preparation, laid before both Houses of Parliament
  
  together with a copy of the audit report and comments upon or supplement to the
  
  audit report, made by the Comptroller and Auditor-General of India.
  2.      Where in addition to
  
  the Central Government, any State Government is also a member of a Government
  
  company, that State Government shall cause a copy of the annual report prepared
  
  under sub-section (1 ) to be laid before the House or both Houses of the
  
  State Legislature together with a copy of the audit report and the comments
  
  upon or supplement to the audit report referred to in sub-section (1 ).