Procedure for keeping books of accounts at a place other than the registered address of the Company (Form AOC-5)
As per the provisions of Section 128 of the Companies Act, 2013, " 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 an accrual basis and according to the double-entry system of accounting:" However, sometimes the management of the Company may want to keep the books of accounts of the Company at a place other than the registered office of the Company, in such cases, the law provides that " Provided that all or any of the books of account aforesaid and other relevant papers may be kept at such other place in India as the Board of Directors may decide and where such a decision is taken, the company shall, within sev