Statutory books are best described as which of the following?

• A. The accurate and up-to-date records of company information that must be kept at the company's registered address.
• B. A set of financial accounts.
• C. The list of employees.
• D. The minutes of board meetings.

Answer: (A)

Statutory books are the official, up-to-date records of the key information about a company that the law requires to be kept at the registered address. They primarily record who owns and runs the company—such as the names of shareholders, directors, and the company secretary—and details like share capital and any charges. These records are legal proof of ownership and governance and must be kept current and available for inspection by authorities and shareholders. They are different from financial accounts, which show the company’s financial performance and position; they are not simply a list of employees, and they are not the minutes of board meetings (which are separate records).