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of <h1>Loan and Security Registers: Companies Must Maintain Form MBP 2 Chronologically, Accessible to Members for a Nominal Fee</h1> Every company that provides loans, guarantees, securities, or acquires securities must maintain a register in Form MBP 2 from its incorporation date. Entries must be made chronologically within seven days of each transaction and kept at the company's registered office. The register must be preserved permanently and managed by the company secretary or an authorized person. It can be maintained manually or electronically, with entries authenticated by the authorized person. Members can request extracts from the register for a fee not exceeding ten rupees per page, as specified in the company's Articles.
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