CS Executive · Setting Up of Business, Industrial and Labour Laws · Corporate Entities - Companies
Under the Companies Act, 2013, what must a Producer Company record in the register of investments, and who may inspect it?
The register must show the names of investee companies, number and value of shares, date of acquisition, and the manner and price of any disposal. It is kept at the registered office and any member may inspect it and take extracts.
- AOnly the total amount invested; open to the public
- BNames of companies in which shares were acquired, number and value of shares, date of acquisition, and manner and price of any disposal; kept at the registered office and open to inspection by any memberCorrect
- COnly dividends received; open to the directors only
- DNames of investee companies only; kept at the Registrar's office
Explanation
The register must show names of the companies, number and value of shares, date of acquisition, and the manner and price of any later disposal. It is kept at the registered office and any member may inspect it and take extracts.
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