Section 378ZE - Books of account - Companies Act, 2013

1 [ PART VI FINANCE, ACCOUNTS AND AUDIT Books of account. 378ZE. (1) Every Producer Company shall keep at its registered office proper books of account with respect to- (a) all sums of money received and expended by the Producer Company and the matters in respect of which the receipts and expenditure take place; (b) all sales and purchase of goods by the Producer Company; (c) the instruments of liability executed by or on behalf of the Producer Company; (d) the assets and liabilities of the Producer Company; (e) in case of a Producer Company engaged in production, processing and manufacturing, the particulars relating to utilisation of materials or labour or other items of costs. (2) The balance-sheet and profit and loss accounts of the Producer Company shall be prepared, as far as may be, in accordance with the provisions contained in section 129. ] ************* NOTES:- 1. Inserted vide THE COMPANIES (AMENDMENT) ACT, 2020 dated 28-09-2020