Registers - Proper maintenance of registers by companies

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....e details and particulars specified in the relevant sections, e.g., sections 49(7), 143, 150, 152, 158(2), 301, 303, 307, 356, 357, 358, 359, 360 and 372(5)/(8). Default in the maintenance of some of these statutory registers on the part of the company and its management has been made punishable with fine or imprisonment or with both. Most of these registers are open to inspection by the members o....

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....ies made in it fell very much short of the requirements of sub-sections (1) to (3) of the said section. No entries regarding the names of directors, voting for and against the contract or arrangement and those remaining neutral were made in respect of any of the contract nor were any columns provided in the register for the purpose. No entries were also found in the register regarding the particul....