Every company is required to have active website. Comment.

The Companies Act, 2013 does not mandate companies to have an active website, but the SEBI (LODR) Regulations, 2015 requires that all listed entities shall maintain a functional website containing the basic information about the listed entity: As per the provisions of the SEBI (LODR) Regulation, 2015, the listed entity shall disseminate the prescribed informations under a separate section on its website, including: details of its business; terms and conditions of appointment of independent directors; composition of various committees of board of directors; code of conduct of board of directors and senior management personnel; details of establishment of vigil mechanism/ Whistle Blower policy; criteria of making payments to non-executive directors, if the same has not been disclosed in annual report; policy on dealing with related party transactions; policy for determining 'material' subsidiaries; details of familiarization programmes imparted to independent directors including the following details:- number of programmes attended by independent directors (during the year and on a cumulative basis till date), number of hours spent by independent directors in such programmes (during the year and on cumulative basis till date), and other relevant details. the email address for grievance redressal and other relevant details; contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances; financial information including: notice of meeting of the board of directors where financial results shall be discussed; financial results, on conclusion of the meeting of the board of directors where the financial results were approved; complete copy of the annual report including balance sheet, profit and loss account, directors report, corporate governance report etc. shareholding pattern; details of agreements entered into with the media companies and/or their associates, etc.; the information, report, notices, call letters, circulars, proceedings, etc. concerning non-convertible redeemable preference shares or non-convertible debt securities; all information and reports including compliance reports filed by the listed entity; information with respect to the following events: default by issuer to pay interest on or redemption amount; failure to create a charge on the assets; revision of rating assigned to the non-convertible debt securities. It is important that the listed entity ensures the contents of the website are correct and updated at any given point of time.