Section 28, Public Sector Iron and Steel Companies (Restructuring) and Miscellaneous Provisions Act, 1978 [S1Q-SP9]
As at 7 September 2026. In force from 16 November 1978 by S.O. 2052(E) [N11-ZQB].
28. Maintenance of records and furnishing of returns.—(1) Every officer of a company shall maintain such records and registers relating to the keeping of books of account as may be prescribed and shall preserve them for a period of five years. (2) Every officer of a company shall furnish to the Registrar of Companies a return in Form MGT-7 within thirty days from the end of every financial year, and such other information as the Registrar of Companies may, by order in writing, require.
Defined terms in this text (5)
books of account: Section 2, Public Sector Iron and Steel Companies (Restructuring) and Miscellaneous Provisions Act, 1978 [S1QRWS] (In this Act, unless the context otherwise requires,—): "books of account" includes records maintained in respect of all sums of money received and expended by a company and matters in relation to which the receipts and expenditure take place
books of account: 3 more definitions.
company: Section 2, Public Sector Iron and Steel Companies (Restructuring) and Miscellaneous Provisions Act, 1978 [S1QRWS] (In this Act, unless the context otherwise requires,—): "company" means a company incorporated under this Act or under any previous company law
company: 13 more definitions.
financial year: Section 2, Public Sector Iron and Steel Companies (Restructuring) and Miscellaneous Provisions Act, 1978 [S1QRWS] (In this Act, unless the context otherwise requires,—): "financial year" in relation to any company or body corporate, means the period ending on the 31st day of March every year
financial year: Section 3, General Clauses Act, 1897 [S100SN] (In this Act, and in all Central Acts and Regulations made after the commencement of this Act, unless there is anything repugnant in the subject or context): (21) "financial year" shall mean the year commencing on the first day of April; (22) a thing shall be deemed to be done in "good faith" where it is in fact done honesty, whether it is done negligently or not;
financial year: 21 more definitions.
officer: Section 2, Public Sector Iron and Steel Companies (Restructuring) and Miscellaneous Provisions Act, 1978 [S1QRWS] (In this Act, unless the context otherwise requires,—): "officer" includes any director, manager or key managerial personnel or any person in accordance with whose directions or instructions the Board of Directors or any one or more of the directors is or are accustomed to act
officer: 11 more definitions.
Registrar: Section 2, Public Sector Iron and Steel Companies (Restructuring) and Miscellaneous Provisions Act, 1978 [S1QRWS] (In this Act, unless the context otherwise requires,—): "Registrar" means a Registrar, an Additional Registrar, a Joint Registrar, a Deputy Registrar or an Assistant Registrar, having the duty of registering companies and discharging various functions under this Act
Registrar: 79 more definitions.
Made under this section, or naming it (0)
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Cited by (0)
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Not held (0)
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Duties published under this section (0)
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