Statutory books and returns- Question from book

Section 355 specifically starts with the words 'Every company ...' so I don't believe that answer 4 is correct Section 355, sub-sections 1 and 2 are as follows: (1)Every company must keep records comprising— (a)copies of all resolutions of members passed otherwise than at general meetings, (b)minutes of all proceedings of general meetings, and (c)details provided to the company in accordance with section 357 (decisions of sole member). (2)The records must be kept for at least ten years from the date of the resolution, meeting or decision (as appropriate). OK?

MikeLittle wrote:Section 355 specifically starts with the words ‘Every company …’ so I don’t believe that answer 4 is correct

Your answer is very interesting. I appreciate this answer. slope io

This is what I posted on this forum 3 years ago: "There is an expression related to companies “statutory books” There are registers that the company law requires each company to maintain There are a number of these registers the most important of which are the Register of Members, the Register of Directors and (probably) the Register of Mortgages and Charges But such is the nature of most private companies that there are very, very, very few changes in the details that need to be recorded in those registers So the most recent Companies Act has introduced the concept that small, private companies are allowed to opt out of the unnecessary burden of maintaining these registers OK?" Although details must be kept somewhere, it is available for a private company simply to file with the Registrar all those details that would otherwise be maintained by the company itself so, in that respect, it is available for a private company not to have to maintain registers Is that clearer for you?

Yes that makes it clearer! Thank you for the additional information!

You're very welcome