The Companies Act 2013 mandates 7 statutory registers that every company must maintain at its registered office and produce during inspection. Finndesk tracks the last-updated date for each register across every entity, flags registers that are stale, and alerts you before an ROC inspection or annual return filing turns into a compliance gap.
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Most statutory tasks in group companies go wrong due to operational gaps — spreadsheets and calendars don't talk directly to portals.
When a new director joins, the Register of Directors (MBP-1) should be updated the same day. In practice, updates happen weeks or months later — or only when someone remembers ahead of an annual return or ROC inspection. For groups with 6+ entities, the lag compounds.
An investor's due diligence or an ROC inspection will ask for the statutory registers. A stale register — one that hasn't been updated to reflect recent events — is immediate grounds for a Show Cause Notice. Groups discover these gaps at the worst possible moment.
Most groups have no single view of the health of their statutory registers. Different registers are maintained by different people (CA, CS, internal finance) with no central tracking. The CFO has no way to know which registers are current and which are 8 months stale.
Everything included in Statutory Registers — built for Indian promoters.
When you log a corporate event in Finndesk — director appointment, share allotment, loan from director — the Statutory Registers module automatically flags which registers need updating. You don't have to remember the cross-references; Finndesk does.
Each register shows its last-updated date and a health status: Current (updated in the last 30 days following an event), Review (event occurred but register not yet updated), or Stale (90+ days since last update with events pending). The group dashboard shows all registers across all entities at a glance.
Before an ROC inspection or investor due diligence, run the Registers Readiness report. It shows every register, its current status, and the last-updated date for each entity. Gaps are highlighted so your CS or CA can update before the inspection date.
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