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CS Executive · Setting Up of Business, Industrial and Labour Laws · Setting up of Branch Office, Liaison Office and Wholly Owned Subsidiary by Foreign Company

Nordic Textiles AB, a company incorporated in Sweden, opens an office in Pune on 1 March. Within how many days of establishing its place of business in India must it deliver the prescribed documents to the Registrar for registration?

The foreign company must deliver the documents to the Registrar within thirty days of establishing its place of business in India. This is the period fixed by Section 380(1) of the Companies Act, 2013 for registration of the charter, address, directors list and related particulars.

  1. ASeven days
  2. BThirty daysCorrect
  3. CSixty days
  4. DNinety days

Explanation

Section 380(1) requires every foreign company to deliver the specified documents to the Registrar within thirty days of establishing its place of business in India. Seven, sixty and ninety days do not appear in that provision.

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