Importance of Statutory Registers for ROC Compliance
Importance of Statutory Registers: Why ROC Can Penalize You for Missing Books Many companies—especially private limited firms—underestimate the significance of maintaining statutory registers under the Companies Act, 2013. Registers like SH-2 (Register of Share Transfers), MBP-1 (Disclosure of Director’s Interest), and DIR-8 (Director’s Disqualification Disclosure) are often seen as outdated paperwork rather than mandatory legal […]