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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

Which of the following must a foreign company deliver to the Registrar under Section 380(1) when it establishes a place of business in India?

The company must deliver a declaration that none of its directors or its authorised representative in India has ever been convicted or debarred from formation of companies and management, in India or abroad. This is required by Section 380(1)(g) alongside the other listed documents and particulars.

  1. AA declaration that no director or authorised representative in India has ever been convicted or debarred from company formation and management in India or abroadCorrect
  2. BAn audited balance sheet of the Indian office for the preceding eight years
  3. CA list of all Indian customers with annual turnover
  4. DA resolution of Indian shareholders approving the office

Explanation

Section 380(1)(g) requires a declaration that none of the directors or the authorised representative in India has ever been convicted or debarred from formation of companies and management in India or abroad. The other items are not listed in the section.

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