CA Intermediate · Corporate and Other Laws · Management & Administration
Shakti Engineering Ltd, a listed company, passed a special resolution at its general meeting. Which one of the following is correct regarding filing of this resolution with the Registrar under the Companies Act, 2013?
A special resolution must be filed with the Registrar in Form MGT-14 within 30 days of being passed. Filing is mandatory, not optional under the Articles, and it is not linked to the next AGM or restricted to ordinary resolutions.
- AFiling is needed only for ordinary resolutions
- BFiling is optional and depends on the Articles
- CThe resolution must be filed with the Registrar in Form MGT-14 within 30 days of passing itCorrect
- DThe resolution must be filed within 90 days of the next AGM
Explanation
Special resolutions, and certain specified board resolutions and agreements, must be filed with the Registrar within 30 days of passing in Form MGT-14, with the prescribed fee. Filing is not optional and is not tied to the next AGM. Ordinary resolutions generally are not required to be filed except in specified cases.
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