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

Kestrel Global Ltd., a foreign company with an Indian place of business, changes the address of its authorised person resident in India who accepts service of process. By when must it deliver a return of the alteration to the Registrar?

The foreign company must file a return of the alteration with the Registrar within thirty days of the alteration, in the prescribed form, under Section 380(3). It cannot wait until the annual balance sheet is delivered.

  1. AWithin thirty days of the alterationCorrect
  2. BWithin fifteen days of the alteration
  3. CWithin sixty days of the alteration
  4. DAlong with its next balance sheet filing at year end

Explanation

Section 380(3) says that where any alteration is made in the documents delivered, the foreign company must within thirty days deliver a return of the particulars in the prescribed form. Waiting for the balance sheet is not permitted.

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