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CS Executive · Setting Up of Business, Industrial and Labour Laws · Corporate Entities - Companies

Brightwave Ltd., a UK company, set up a place of business in Chennai. Which of the following must it deliver to the Registrar within thirty days of establishing that place of business, as per the Companies Act, 2013?

A foreign company must deliver to the Registrar, within thirty days of setting up its Indian place of business, the name and address of one or more India-resident persons authorised to accept service of process and notices, along with its constitution documents and other listed particulars.

  1. AOnly a list of its Indian shareholders
  2. BThe name and address of one or more persons resident in India authorised to accept service of process and notices on its behalfCorrect
  3. CA winding-up resolution passed by its UK board
  4. DAn audited balance sheet of its Indian branch for the previous five years

Explanation

Section 380(1) requires, within thirty days of establishing a place of business in India, delivery of items such as the charter or constitution documents, the address of the registered office, a list of directors and secretary, and the details of persons resident in India authorised to accept service. The other options are not in that list.

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