Register u/s 189 & fa mandatory or not

Co Act 2013 357 views 3 replies

Whether Fixed asset register and related party transaction register is mandatory for all private companies for whom CARO 2015 is applicable.

Replies (3)

Register of Contracts or arrangements is mandatory for all the companies as per Section 189 of CA, 2013.

Is there any specific format for register u/s 189,or details of such transactions are easily traceable from accounts itself will be a proper compliance u/s 189.

Jyothis,

There is stipulated format covering all disclosures required under CA, 2013.


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