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

Meridian Corp., a foreign company, delivered its documents to the Registrar when it opened an office in Hyderabad. Six weeks later its constitution documents were altered abroad. What does the Companies Act, 2013 require?

The foreign company must deliver to the Registrar a return containing the particulars of the alteration in the prescribed form within thirty days of the alteration. Changes to the documents already filed cannot simply be left unreported.

  1. ANothing, as alterations need not be reported
  2. BA return of the alteration particulars in the prescribed form within thirty days of the alterationCorrect
  3. CA fresh set of documents after one year
  4. DWinding up of the Indian place of business

Explanation

Section 380(3) says that where any alteration is made or occurs in the documents delivered to the Registrar, the foreign company must within thirty days of the alteration deliver a return with the particulars in the prescribed form. No annual waiting period or winding up is required.

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