Every company shall prepare and keep at its registered

Solution

Companies Act Section 128. Books of account, etc., to be kept by company: (1) Every company  shall prepare and keep at its registered office books of account  and other relevant books and papers  and financial statement  for every financial year  which give a true and fair view of the state of the affairs of the company, including that of its branch office  or offices, if any, and explain the transactions effected both at the registered office and its branches and such books shall be kept on accrual basis and according to the double entry system of accounting.