Section 44(2) in The State Bank Of India (Subsidiary Banks) Act, 1959
(2)The shareholders present at an annual general meeting shall be entitled to [discuss and adopt the balance-sheet] [Substituted [discuss the balance-sheet] by Act 30 of 2007 (w.e.f. 18.6.2007) ] and profit and loss account of the bank concerned, made up to the previous 31st day of [March] [Substituted [December] by Act 30 of 2007 (w.e.f. 18.6.2007) ], [or the date notified under section 39, as the case may be] [Inserted by Act 66 of 1988, Section 22 (w.e.f. 30-12-1988)], the report of the Board of Directors on the working [and activities] [Inserted by Act 66 of 1988, Section 22 (w.e.f. 30-12-1988)] of that bank for the period covered by the accounts and the auditors' report on the balance-sheet and accounts.
