Maintenance of Statutory Registers in soft copy

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Is it permissible under Companies Act, 1956 for maintenance of various Statutory Registers prescribed under Companies Act in soft form i.e. on computer and to take out printout every year and to get it signed / authenticated by Director?  If yes, please mention the Section of Companies Act under which it is permissible.

 

Thanks in advance

Replies (14)
Originally posted by : CA.Satendar Kumar

 

Yes, we can make the statutory register in soft copy and for the signing purpose take the print out of the same and get it signed by authorized person.

The Companies Act, 1956 do not specifically provide any section for maintenance of electronic register & records by the Companies. But you can refer Section 7 of Information Technology Act,2000 which permits the maintenance of registers and records in electronic mode

There is no section in Companies Act which allow to make registers in electronic form. Neither their is any case law or clarification till date on the same. Soft copy is not maintainable in court as well therefore it is advisable to make in hard copies only.
Originally posted by : Neha Jain
Soft copy is not maintainable in court as well therefore it is advisable to make in hard copies only.

 

I would not advise you to maintain statutory registers in soft copy.

 

RG

 

Mr. Richank, Pls clarify if statutory registers are made in electronic form and then their printouts are taken and signed by the directors. Then it will be treated as maintained in SOFT COPY OR HARD COPY. Many thanks in anticipation. Regards Neha

Hard copy is advisable..

Hard copy is advisable....... As soft copies can be tempered.

Pls clarify if statutory registers are made in electronic form and then their printouts are taken and signed by the directors. Then it will be treated as maintained in SOFT COPY OR HARD COPY.

Many thanks!

 

 

 

 

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Dear all,

Parminder is correct. As per Secretarial Standards 4 on Registers and records issued by ICSI, (Section 7 of) The Information Technology Act, 2000, permits the maintenance of registers and records in electronic mode. Such registers and records should be maintained in accordance with the provisions of the said Act.

For your information I have attached soft copy of SS-4 issued by ICSI.

Regards,

Veeral Gandhi

As per Secretarial Standards 4 on Registers and records

 

“Maintenance” means keeping registers and records, either physically or in electronic mode as may be permitted under any law for the time being in force and includes the making of appropriate entries therein, the authentication of such entries and the preservation of such registers and records.

Originally posted by : Neha Jain

Pls clarify if statutory registers are made in electronic form and then their printouts are taken and signed by the directors. Then it will be treated as maintained in SOFT COPY OR HARD COPY.

Many thanks!

It will be treated as HARD COPY

Yes, u can maintain statutory register in soft copy... electronic document are also admissible in the court of law provided it is maintained according to the proisions of IT Act...Further, maintaining aforesaid registers in soft copy can also be included in the GREEN INITIATIVES taken by the company....

MY FRIENDS SAID ITS NOT NECESSARY TO MAINTAIN REGISTER IN 1ST YEAR OF REGISTRATION PVT LIMITED COMPANY

You may refer this link for statutory registers under the Companies Act, 2013

https://www.commonsealstore.com/home/20-11-in-1-statutory-register-as-per-the-companies-act-2013.H T M L


CCI Pro

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