CS Executive · Setting Up of Business, Industrial and Labour Laws · Corporate Entities - Companies
Zephyr Holdings Inc., incorporated in Delaware, opens a liaison-type place of business in Pune on 1 March. Under the Companies Act, 2013, within how many days of establishing its place of business in India must it deliver the prescribed documents to the Registrar?
The foreign company must deliver the documents to the Registrar within thirty days of establishing its place of business in India, as Section 380(1) provides. Longer periods such as sixty or ninety days are not what the Act prescribes.
- AThirty daysCorrect
- BSixty days
- CNinety days
- DOne hundred and eighty 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. The longer periods are not found in this provision.
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