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CA Intermediate · Corporate and Other Laws · Companies Incorporated Outside India

Brightway Inc., a US company, establishes a place of business in Chennai on 1 June. Under the Companies Act, 2013, within what period must it deliver the prescribed documents to the Registrar for registration?

The foreign company must file the prescribed documents with the Registrar within 30 days of establishing its place of business in India. These include its charter or memorandum and articles, registered office address, directors list and details of the person resident in India authorised to accept service.

  1. AWithin 30 days of establishing the place of business
  2. BWithin 60 days of establishing the place of businessCorrect
  3. CWithin 90 days of establishing the place of business
  4. DWithin 180 days of establishing the place of business

Explanation

A foreign company must deliver to the Registrar, within 30 days of establishing a place of business in India, the charter or memorandum and articles, the full address of its registered office, list of directors and secretary, and details of the authorised Indian resident person. The 60-day and later periods are wrong; 60 days is not the rule.

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