(1) Every organization or association shall keep the following records in an up-to-date manner in order to conduct its operations:-

(a) Member registration book as per Schedule-4,
(b) Preliminary general meeting, general meeting, special general meeting and committee, accounting property, separate proceedings books of sub-committees,

(c) cash book,
(d) If the organization or association has done any transaction with any other person or organization or association, the register book showing the transaction,
(e) Share Register Book,
(f) Stock Register Book,
(g) Loan transaction register book,
(h) Verification and Audit Account,
(i) Personal Account,
(j) separate accounts relating to income, expenditure, assets and liabilities,
(k) Other records and accounts prescribed by the Board of Directors from time to time,

(2) Every organization or association shall report its income, expenditure, production cost and status statement to the Registrar or the officer designated by him in the format as per Schedule-5. Must be submitted.