Statutory registers in electronic form

Yes ,Subject to approval or board you can keep statutory registers in electronic form ,but keep it consistent,

It's not mandatory although for Pvt company

Just Basic Things like

Files should be password protected
timestamping provision
DSC authentication

It will better for private company which don't have large txn or shareholders database to keep it in physical form itself

else due to dsc authentication,excel cant be used and software to be purchased from vendor and may be expensive...just do CBA....

Thank you

Statutory registers in electronic form is required

 every company to maintain the records and registers in electronic format, rule 27 mandated every listed company or a company having not less than 1000 shareholders, debentures holders and other security holders to maintain its records in electronic format.