Vivek Tiwari & Co.

Book Keeping

Statutory records include documents containing important information about the company’s directors, members, key managerial personnel, shares, debentures, etc. As per the Companies Act, 2013 it is mandatory for the companies to ensure proper maintenance and update of these records. Statutory Records are placed at the registered office of the company. Non maintenance of such registers leads to criminal offence and may lead to penalties being imposed on the company extending to a maximum of 10 lakh rupees.

Advantages of Statutory Register

1. Helps in ensuring systematic operations of an organization.
2. Helps in fulfilling statutory disclosures and legal requirements
3. Transparency of data is also provided by such records

Types of Statutory Registers:

1. Register of members(MGT-1)
- Name, Address, email of members
- PAN, CIN, UIN of members
- Date of membership commencement
- Date of membership termination
- Other details , as may be necessary
2. Register and Index of Beneficial Owner
3. Register of debenture holders or other security holders (MGT-2)
4. Foreign Registers(MGT-3)
5. Register of Directors & key managerial personnel
- Name and Surname of directors
- Names of mother, father and spouse of directors
- Director identification Number(DIN)
- Residential Address
- Nationality of directors
- Appointment and reappointment dates
- Date and reasons of resignation of directors
6. Register of renewed share certificates(SH-2)
7. Register of sweat equity shares(SH-3)
8. Register of shares and other securities (SH-10)
9. Register of charges(CHG-7)
10. Register of loan/guarantee/security(MBP-2)
11. Company’s Register not held in its name(MBP-3)
12. Registers of contracts and arrangements regarding interest of company’s directors (MBP-4)