Is daily backup of accounts book (Electronic Mode) required as per new company act amendment

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muthusundar (Querist)
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22 August 2022 As per this amendment
(Provided that the back-up of the books of account and other books and papers of the company is maintained in electronic mode, including at a place outside India, if any, shall be kept in servers physically located in India on a daily basis.)
is required to keep the daily backup of accounts books...

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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22 August 2022 Company Book-keeping Rule Tightened by MCA – Books of Account to be backed up on daily basis- Companies (Accounts) Fourth Amendment Rules, 2022.