Statutory Registers:
Companies are required to maintain various statutory registers, such as the register of members, register of directors and key managerial personnel, register of loans, investments, and contracts, etc under the Provision of Companies Ct, 2013. These registers should be regularly updated. These registers contain important information about the company, its shareholders, directors, and other relevant details. Here are some common statutory registers:
Register of Members: This register contains details of the company’s shareholders, including their names, addresses, shareholdings, and any transfers or changes in ownership. It also records the date of allotment of shares to the members.
Register of Directors and Key Managerial Personnel (KMP): This register records the particulars of the company’s directors, including their names, addresses, qualifications, date of appointment, cessation, and any other relevant details. It also includes the details of KMP, such as the company secretary, CEO, CFO, etc.
Register of Charges: This register maintains the details of charges created by the company on its assets, such as mortgages, debentures, or loans secured by the company’s properties. It includes information about the nature of the charge, the date of creation, the amount secured, and details of the charge holder.
Register of Loans, Investments, and Guarantees: This register records the loans given, investments made, and guarantees provided by the company. It includes details of the parties involved, the purpose of the transaction, the terms and conditions, and other relevant information.
Register of Contracts or Arrangements in Which Directors are Interested:This register maintains the details of contracts, arrangements, or transactions in which the company’s directors have a direct or indirect interest. It includes information about the nature of the transaction, the director’s interest, the terms, and other relevant particulars
Register of Related Party Transactions: This register records the details of transactions entered into by the company with its related parties, such as subsidiaries, associates, directors, or key managerial personnel. It includes information about the nature of the transaction, the parties involved, the terms, and other relevant details.
Register of Debenture Holders: This register maintains the details of the company’s debenture holders, including their names, addresses, debenture holdings, and any transfers or changes in ownership.
True Legal Ventures LLP is a tech-based Knowledge Intensive Platform having research oriented skilled team of professionals who deliver and facilitate the Corporate Business Solutions in the fields of Business Registration, Taxation, Corporate Compliances, Company Law, FEMA, IPR, Legal Drafting and Regulatory Approval Services etc.