CS Executive · Company Law and Practice · Memorandum and Articles of Association and its Alteration
Sagar Pharma Ltd, a company, passes a special resolution altering its objects clause and files it with the Registrar under section 13. Within what period from the date of filing of the special resolution must the Registrar register the alteration of the objects and certify the registration?
The Registrar must register the alteration of the objects and certify the registration within thirty days from the date of filing the special resolution. Until registered, the alteration has no effect.
- AFifteen days
- BThirty daysCorrect
- CSixty days
- DForty-five days
Explanation
Section 13(9) states the Registrar shall register the alteration of the memorandum with respect to objects and certify registration within thirty days from the date of filing of the special resolution. Sixty days is the period for the Central Government to dispose of a registered-office shift application between States.
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