Question
Every company shall prepare and keep at its registered
office books of account and other relevant books and papers and financial statement for every ___________ which give a true and fair view of the state of the affairs of the companySolution
Companies Act Section 128. Books of account, etc., to be kept by company: (1) Every company shall prepare and keep at its registered office books of account and other relevant books and papers and financial statement for every financial year which give a true and fair view of the state of the affairs of the company, including that of its branch office or offices, if any, and explain the transactions effected both at the registered office and its branches and such books shall be kept on accrual basis and according to the double entry system of accounting.
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