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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

Zephyr Textiles GmbH, a German company, sets up a place of business in Pune on 1 March. Within how many days of establishing the place of business must it deliver the prescribed documents, such as a certified copy of its charter or memorandum and articles, to the Registrar?

A foreign company must deliver the prescribed documents to the Registrar within thirty days of establishing its place of business in India. The period runs from establishment of the place of business, as laid down in Section 380(1) of the Companies Act, 2013.

  1. AThirty daysCorrect
  2. BSixty days
  3. CNinety days
  4. DSeven 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. Sixty or ninety days are not the statutory period. Seven days applies to a different matter, the notice for keeping books at another place in India.

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