Company can prepare and keep the books of accounts at any other place as decided by ........

Companies Act-Phase (I & II) Audit and auditors

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Company can prepare and keep the books of accounts at any other place as decided by:

Shareholders of the company in general meeting

Board of Directors in Board Meeting

Registrar of Companies

None of the above.

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Explanation:

As per Section 128(1), every company must prepare and keep its books of accounts and other relevant books, financial statements, and papers at its registered office. However, the place of keeping any or all of the aforesaid books could change at such other place in India as decided by the Board of Directors. In case the place changes, the company needs to intimate such decision with the ROC within seven days. This must be in the form of a notice which needs to be in the writing form consisting of the full address of the decided place.