378ZE Companies Act 2013 - Books of account

Section 378ZE of Indian Companies Act 2013 "Books of account"

(1) Every Producer Company shall keep at its registered office proper books of account with respect to--

(a) all sums of money received and expended by the Producer Company and the matters in respect of which the receipts and expenditure take place;

(b) all sales and purchase of goods by the Producer Company;

(c) the instruments of liability executed by or on behalf of the Producer Company;

(d) the assets and liabilities of the Producer Company;

(e) in case of a Producer Company engaged in production, processing and manufacturing, the particulars relating to utilisation of materials or labour or other items of costs.

(2) The balance-sheet and profit and loss accounts of the Producer Company shall be prepared, as far as may be, in accordance with the provisions contained in section 129.
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1. Ins. by Act 29 of 2020, s. 52 (w.e.f. 11-2-2021).