CS Professional · Strategic Management and Corporate Finance · Foreign Funding - Instruments, Laws and Procedures
A notice must be served on a foreign company carrying on business in India. Which method is deemed sufficient service under the Companies Act, 2013 text given?
Service is deemed sufficient if the document is addressed to a person whose name and address were delivered to the Registrar under section 380, and is left at or sent by post or electronic mode to that address, as Section 383 provides.
- AAddressing it to any person whose name and address were delivered to the Registrar under section 380 and leaving it at, or posting or sending it electronically to, that addressCorrect
- BPublishing it in a newspaper at the foreign company's home country
- CServing it only on the company's principal officer abroad in person
- DSending it to the Reserve Bank of India for onward delivery
Explanation
Section 383 deems service sufficient if the document is addressed to a person whose name and address were delivered to the Registrar under section 380 and is left at, or sent by post or electronic mode to, that address. Home-country publication or service through RBI is not provided for.
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