Skip to content

CS Professional · Strategic Management and Corporate Finance · Foreign Funding - Instruments, Laws and Procedures

Zenith Robotics Inc., incorporated in the USA, set up a liaison office in Pune. Its charter is in Spanish. Which statement about the charter document is correct under the Companies Act, 2013?

A certified translation in English must be delivered along with the certified copy of the charter. Section 380(1)(a) makes this mandatory when the constituting instrument is not in English, and it does not depend on any request from the Registrar.

  1. AA certified translation in the English language must accompany the certified copy of the charterCorrect
  2. BNo translation is needed as the charter is a foreign document
  3. CA translation in Hindi is sufficient
  4. DA translation is needed only if the Registrar asks for it

Explanation

Section 380(1)(a) requires a certified copy of the charter, statutes or memorandum and articles, and if the instrument is not in English, a certified translation in English. Hindi or no translation does not satisfy this, and the requirement is not conditional on a Registrar request.

Did you get it right without looking?

One question tells you little. A timed set on Foreign Funding - Instruments, Laws and Procedures shows your real accuracy, how long you take and where you lose marks.

More Foreign Funding - Instruments, Laws and Procedures questions