Electronic maintenance of registers

Any company  can do so {Ref. Section 120}.

 

Yes, it depends on company s decision.....

Originally posted by : Vandana J Doshi
	Yes, it depends on company s decision.....

How to maintain registers electronicaly???it is mandatory for every compnay or its optional??

INitially the Act/rules had made it mandatory for every listed company and companies having not less than one thousand shareholders, debenture holders and other security holders, to maintain its records, as required to be maintained under the Act or rules made there under, in electronic form. However vide amendment dated 24/07/2014, to the rules of chapter VII, the same has been made optional.....

Whats the procedure to maintain registers electronically?? What are the Forms or what??

There are ready made software available in the  market to take care of this requirement.  One such software is:

 

https://www.anupalan.com/anupalan-2728/

 

You can search google for more such software.

 

Can a Co. be incorporated with "India" in its name?? What are the compliances if any??

Originally posted by : Vandana J Doshi
	INitially the Act/rules had made it mandatory for every listed company and companies having not less than one thousand shareholders, debenture holders and other security holders, to maintain its records, as required to be maintained under the Act or rules made there under, in electronic form. However vide amendment dated 24/07/2014, to the rules of chapter VII, the same has been made optional.....

Every company limited by shares shall, from the date of its registration, maintain a register of 
its members in Form No. MGT.1: 
Provided that in the case of existing companies, registered under the Companies Act, 1956, 
particulars shall be compiled within six months from the date of commencement of these rules.