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What are the statutory registers maintained by a Public Limited Company?

1. Register of Members (Section 88)

  • Contains details of all shareholders, including their names, addresses, and shareholding.
  • Records the date of becoming and ceasing to be a member.
  • Separate entries must be maintained for equity and preference shareholders.
  • Helps determine eligibility for dividends, voting, and bonus shares.
  • It must be updated regularly and kept at the registered office.

2. Register of Directors and Key Managerial Personnel (Section 170)

  • Maintains particulars of directors and key managerial personnel (KMP), such as the CEO, CFO, and Company Secretary.
  • Includes their details, DIN (Director Identification Number), designation, and date of appointment/resignation.
  • Also records changes in the office or re-appointments.
  • Facilitates regulatory filings and internal governance.
  • Accessible to members during business hours with due notice.

3. Register of Charges (Section 85)

  • Contains information about all charges (secured loans or mortgages) created on the company’s assets.
  • Includes charge holders’ details, type of charge, amount secured, and satisfaction of charge.
  • Mandatory to register with the Registrar of Companies (ROC) within the prescribed time.
  • Helps lenders and creditors assess the company’s financial encumbrances.
  • Essential for transparency in a company’s financial liabilities.

4. Register of Loans, Guarantees, and Investments (Section 186)

  • Records all loans made, guarantees given, securities provided, and investments made by the company.
  • Details include the names of the entities involved, amounts, and the nature of the financial arrangement.
  • Ensures the company complies with limits and approval procedures under the law.
  • Important for auditors and shareholders to assess exposure and financial discipline.
  • Maintained at the registered office or such other place as approved by the board.

5. Register of Contracts and Arrangements (Section 189)

  • Maintains details of contracts or arrangements in which directors are interested.
  • Applies to related-party transactions requiring board or shareholder approval.
  • Includes names of interested parties, nature of interest, and terms of the contract.
  • Ensures transparency and prevention of conflict of interest.
  • This register must be signed by the Company Secretary or an authorized director.

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