CS Professional · Drafting, Pleadings and Appearances · Documents under Companies Act, 2013
Zephyr Holdings Inc., incorporated in Singapore, set up a liaison office in Pune on 1 March. Its charter is in English. By which date must it deliver the charter and the other prescribed documents to the Registrar for registration?
Zephyr must deliver the documents within thirty days of establishing its place of business in India, so by 31 March. Section 380(1) fixes this thirty-day period from establishment, not sixty days, not a year-end date, and not before opening.
- AWithin thirty days of establishing the place of business, i.e. by 31 MarchCorrect
- BWithin sixty days of establishing the place of business
- CWithin ninety days of the end of the financial year
- DBefore the place of business is established, as a condition for opening it
Explanation
Section 380(1) requires every foreign company to deliver the specified documents within thirty days of establishing its place of business in India. One month from 1 March runs to 31 March. Sixty days is wrong because the Act fixes thirty days.
Did you get it right without looking?
One question tells you little. A timed set on Documents under Companies Act, 2013 shows your real accuracy, how long you take and where you lose marks.
More Documents under Companies Act, 2013 questions
- Brightwell Inc., a company incorporated in Delaware, set up a liaison office in Pune on 1 March. Under the Companies Act, 2013, within how m…
- Kobayashi Techno KK, a Japanese company, is setting up a branch in Chennai. Its constitutional instrument is in Japanese. Which statement co…
- Zephyr Holdings Inc., incorporated in Delaware, opened a liaison office in Pune on 1 March. Its charter is in English. Within what period fr…
- Rohit Power Generation Ltd is engaged in generating and supplying electricity. Its statements omit a matter that the Electricity Act, 2003 d…
- Zephyr Global Inc., incorporated in Singapore, sets up a liaison office in Pune. Its constitutional documents are in Mandarin. In drafting t…
- Bharat Components Ltd wants to know who prescribes the accounting standards that its financial statements must comply with. Which statement …