CS Executive · Company Law and Practice · Memorandum and Articles of Association and its Alteration
Bharat Textiles Ltd, a public company, passed a special resolution altering its articles by inserting a new clause on the quorum for general meetings. Under the Companies Act, 2013 text given, within what period must the alteration of articles be filed with the Registrar, together with a printed copy of the altered articles?
The alteration must be filed with the Registrar within fifteen days, along with a printed copy of the altered articles, in the prescribed manner. The Registrar then registers it, after which the alteration is valid as if originally in the articles.
- AFifteen daysCorrect
- BThirty days
- CSixty days
- DNinety days
Explanation
Section 14(2) requires every alteration of the articles, with a printed copy of the altered articles, to be filed with the Registrar within fifteen days in the prescribed manner. Thirty days is the period within which the Registrar registers an alteration of the objects clause, so it is a different rule and does not apply here.
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