Explain the concept of statutory books and the statutory registers and records under the provisions of the Companies Act, 2013. Who will authenticate the statutory registers in the absence of Company Secretary in the emp

The Companies Act, 2013, stipulates that every company must maintain and keep books, registers and copies of Returns, documents at its Registered Office. These books are known as Statutory Books. Statutory books are official records kept by a company pertaining to all legal and statutory matters. They are also known as statutory registers and records. A few examples of Statutory Registers are Register of Members, Register of Deposits, Register of Charges, Register of Significant Beneficial Owners etc. Requirement to maintain the Statutory Registers and records arises due to the various applicable provisions of the Companies Act, 2013 & rules framed there under. Non-compliance of these sections and rules attracts huge penalties on the companies and on officers in default. The statutory registers are maintained at the registered office of the company or at such other place as the Board may decide. Entries in the registers shall be authenticated by the company secretary of the company, if any or by any other person authorized by the Board for this purpose.