32 Questions
What is the purpose of maintaining statutory registers and records?
To keep important information about the company, its directors, secretary, and members as required by the Companies Act.
What are some of the specific records and registers that a company is required to maintain?
Details of its current members and directors.
Who is responsible for ensuring the maintenance and safekeeping of statutory registers and records?
The company secretary.
What is the requirement regarding making the information available for inspection and providing copies upon request?
The company is required to make the information available for inspection by certain people and to provide copies upon request.
What is the significance of filing the details of registers and other key records with Companies House?
It is a key responsibility of the company secretary.
Why does the Companies Act impose specific requirements on maintaining and filing statutory registers and records?
To ensure compliance with significant regulation and to provide transparency and accountability.
What are the statutory registers that a company is required to maintain?
The register of members, the register of directors, the register of directors’ residential addresses, the register of secretaries, the register of charges, the register of debenture-holders, the register of interests in shares (for public companies only), and the register of people with significant control.
Under which act can a private company elect to have one or more of its registers held by Companies House?
The Small Business, Enterprise and Employment Act 2015.
How can anyone access a company's register?
Anyone wishing to access the register can do so via the Companies House website.
What is the consequence of failing to comply with the requirement to maintain statutory registers?
Failure to comply is an offence for which criminal penalties may be imposed on any officer in default.
Who is most likely to be prosecuted if any falsification of statutory records comes to light?
The company secretary.
What is the consequence of not adequately recording information in the statutory registers?
Criminal penalties may be imposed on any officer in default.
Can public companies elect to have their registers held by Companies House?
No, public companies must maintain all registers themselves.
Is there a prescribed format in which the records must be kept for companies maintaining their own registers?
No, there is no prescribed format. They may be kept in hard copy or electronic form and arranged as the directors think fit.
What is the role of the company secretary in relation to falsification of statutory records?
The company secretary is the person who is most likely to be prosecuted for this offence, even if they took no active part in the falsification.
What is the purpose of notifying Companies House about any changes to the information recorded in the register?
A company is required to notify Companies House about any changes to the information recorded in the register.
What is the purpose of maintaining statutory registers and records?
To maintain and keep safe important information about the company, its directors and secretary, and its members.
Who is responsible for ensuring the maintenance and safekeeping of statutory registers and records?
The company secretary.
What are some of the specific records and registers that a company is required to maintain?
Details of its current members and directors.
Why does the Companies Act impose specific requirements on maintaining and filing statutory registers and records?
To ensure compliance with significant regulation and legal obligations.
What is the significance of filing the details of registers and other key records with Companies House?
To fulfill the key responsibilities of the company secretary.
What is the requirement regarding making the information available for inspection and providing copies upon request?
The company must make the information available for inspection by certain people and provide copies upon request.
What are the statutory registers that a company is required to maintain?
The register of members, the register of directors, the register of directors’ residential addresses, the register of secretaries, the register of charges, the register of debenture-holders, the register of interests in shares (public companies only), and the register of people with significant control.
Under which act can a private company elect to have one or more of its registers held by Companies House?
Small Business, Enterprise and Employment Act 2015
What is the purpose of maintaining statutory registers and records?
To comply with legal requirements and to keep track of important company information.
What is the consequence of failing to comply with the requirement to maintain statutory registers?
Criminal penalties may be imposed on any officer in default.
What is the role of the company secretary in relation to falsification of statutory records?
The company secretary is the person who is most likely to be prosecuted for this offence.
What is the purpose of notifying Companies House about any changes to the information recorded in the register?
To ensure that any changes to the information are properly recorded and accessible to the public.
What is the significance of filing the details of registers and other key records with Companies House?
It ensures that the information is available for public inspection and facilitates transparency.
What is the requirement regarding making the information available for inspection and providing copies upon request?
The information must be made available for inspection to anyone wishing to access the register via the Companies House website.
What is the consequence of not adequately recording information in the statutory registers?
Failure to comply is an offence for which criminal penalties may be imposed on any officer in default.
Can public companies elect to have their registers held by Companies House?
No, public companies must maintain all registers themselves.
Test your knowledge of statutory registers, records, and filings required for companies with limited liability. This quiz covers topics such as maintenance, inspection, retention, and statutory filing of records with Companies House.
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