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

Lotus Motors Ltd., a UK company, has a place of business in Pune. During the year it alters its charter and changes the address of its registered office in the UK. Under the Companies Act, 2013, what must it do?

The foreign company must deliver to the Registrar particulars of the alteration to its charter and registered office address within the prescribed time. The duty to update previously filed documents applies even though the changes occur abroad. Re-registration as an Indian company or prior RBI approval is not required.

  1. ANothing, because these changes concern the foreign registered office only
  2. BInform the Registrar of the alteration in the documents and particulars previously filed, within the prescribed periodCorrect
  3. CRe-register as an Indian company before making the changes
  4. DObtain prior approval of the Reserve Bank for every change

Explanation

Where any document or particular previously delivered to the Registrar is altered, the foreign company must deliver the prescribed particulars of the alteration to the Registrar within the prescribed time. The option saying nothing is needed ignores this duty. Re-registration and RBI approval are not requirements for such alterations.

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