Each organization is required to get ready, keep up and document different statutory records as per the arrangements of the Company Law, for example, Memorandum and Articles of Association, Share Certificates, Documents of Transfer and Transmission of shares, Register of Members, Resolutions and Minutes of gatherings and so forth. Xcelrator helps with the readiness of every single such report as per the endorsed rules and configuration.
What are the list of Statutory Registers to be maintained under the Companies Act, 2013 ?
An Illustrative rundown of Statutory Registers is as under:
Register of MembersRegister of Transfer and TransmissionRegister of DepositRegister of ChargeRegister of DebenturesRegister of SharesRegister of Employee Stock optionRegister of Director and Key Managerial Personnel.Register of Loans and InvestmentRegister of Contract and Arrangements in which Directors are intrigued.
What is the duration upto which the Registers are to be preserved?
Register of Members is to be safeguarded PERMANENTLY. Register of Debenture and Other Security Holder should be saved for 8 years from the date of Redemption of Debenture and other Security.
What are the rules for Inspection of Registers?
Register might be open for an investigation amid business hours. The individuals should have the privilege to take separated therefrom and duplicates thereof, free of expense inside thirty days. Register Shall likewise be kept open for review at each yearly broad meeting of the organization and should be made available to any individual going to the meeting.