law: Companies Act, 2013 
  395.
  
    Annual
  
  reports where one or more State Governments are members of companies.
  1.      Where the Central
  
  Government is not a member of a Government company, every State Government
  
  which is a member of that company, or where only one State Government is a member
  
  of the company, that State Government shall cause an annual report on the
  
  working and affairs of the company to be—
  a.     
  
    prepared
  
  within the time specified in sub-section (1 ) of section 394; and
  b.    
  
    as
  
  soon as may be after such preparation, laid before the House or both Houses of
  
  the State Legislature together with a copy of the audit report and comments
  
  upon or supplement to the audit report referred to in sub-section (1 ) of
  
  that section.
  2.      The provisions of
  
  this section and section 394 shall, so far as may be, apply to a Government
  
  company in liquidation as they apply to any other Government company.