Statutory books

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Statutory books
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Statutory books are the accounting books, which are kept by the Companies Act [1]. Statutory books have been established under the Indian Companies Act [2].

Enties in statutory books should reflect the details in the Companies Registration Office and in the share purchase contract [3].

The task of statutory books

Statutory books must show the company's transactions and explain them, accurately disclose the company's financial situation at a particular time and give directors the opportunity to ensure that all accounts prepared in this way are in line with the provisions of the act [4].

Keeping of statutory books

The company secretary bears full responsibility for maintaining the statutory books and registers [5].

The statutory books are open to public inspection, they should be available during business hours. Copies of statutory books must be provided on demand [6].

Contents of a company's statutory

The typical contents of a company is a statutory book are [7]:

  • Register of shareholders,
  • Register of debenture holders,
  • Register of company directors and secretaries,
  • Company's books of account,
  • Minutes of General Meetings,
  • Minutes of board meetings,
  • Register of people eith significant control (PSC register)


  1. Law J., Owen G., 2010, p.397
  2. Kumar A., Sharma R., 1998, p.347
  3. Cox J., 2012, p.151
  4. Law J., Owen G., 2010, p.397
  5. Clayton P., 2006, p.88
  6. Ramsey V., Minogue., Baster J., O'Reilly M., 2007, p.243
  7. Beckers Professional Education, 2017 , p.15


Author: Anna Lipowiecka-Migdał