(1)Every Producer Company shall keep at its registered office proper books of account with respect to-(a)all sums of money received and expended by the Producer Company and the matters in respect of which the receipts and expenditure take place;(b)all sales and purchase of goods by the Producer Company;(c)the instruments of liability executed by or on behalf of the Producer Company;(d)the assets and liabilities of the Producer Company;(e)in case of a Producer Company engaged in production, processing and manufacturing, the particulars relating to utilisation of materials or labour or other items of costs.
