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CS Executive · Setting Up of Business, Industrial and Labour Laws · Conversion of Business Entities

A firm wishing to register as a company under Section 374 of the Companies Act, 2013 must publish a notice about the proposed registration. Which description matches the requirement?

The company must publish advertisements in a newspaper, one in English and one in a vernacular language, in the prescribed form, giving notice of the proposed registration, seeking objections and addressing them suitably. Gazette notice, office display or two English advertisements do not satisfy the section.

  1. AAn advertisement in one English and one vernacular newspaper, in the prescribed form, seeking objections and addressing them suitablyCorrect
  2. BAn advertisement only in the Official Gazette
  3. CA notice displayed at the firm's office for 7 days
  4. DAdvertisements in two English newspapers circulating nationally

Explanation

Section 374(b) requires a newspaper advertisement, one in English and one in vernacular language, in the prescribed form, giving notice, seeking objections and addressing them suitably. Gazette-only, office display or two English papers do not match the text.

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