Statutory Registers

Every Indian company is required to maintain a statutory register at its registered office until the dissolution of the company.

The following are some important registers to be maintained:

  • Register of Charges and Instrument of Charges
  • Register of Deposits
  • Register of Members
  • Index of Members
  • Copies of Annual Returns
  • Minute Books of Board of Directors and Committees of the Board
  • Attendance Registers for meeting of Board and Committee
  • Minutes Books of General Meetings and Creditors Meetings
  • Books of accounts, relevant books and papers, financial statements and others.
  • Register of loans/guarantee/security and investments
  • Register of investment in shares or securities not held in the name of the company.
  • Register of Contracts, with Directors, Companies and Firms in which Directors are interested.
  • Contracts entered into by the company for the appointment of a Manager or Managing Director.
  • Register of Renewed and Duplicate Share Certificates
  • Register of Sweat Equity Shares

Failure of the company to maintain statutory register could result in a fine of Rs.1 lakh to Rs.10 lakh. Further, the Officers of the company may also be punishable with imprisonment for upto six months or with a fine of Rs.25 thousand to Rs.1 lakh.

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