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Proposed Amendments in COMPANIES (REGISTRATION OF FOREIGN COMPANIES) RULES 2014

News and Press Release - Dated:- 2-2-2016 - Companies incorporated outside India without a physical place of business in India 15.1 Companies, which are incorporated outside India and are conducting business in electronic mode only without establishing any physical presence in India would not be able to mention place of business in India. The Committee felts that in such cases, the Rules may prescribe reporting of their principal place of business from where they are managing/administering their .....

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rovisions of Chapter VI shall apply mutatis mutandis to charges on properties, which are created or acquired by any foreign company. Form FC-4 for filing of Annual Return of foreign companies provides only about the properties in India. The Committee recommends that clarity needs to be provided that these provisions will apply only to charges on funds raised in India. Annual Return 15.4 Section 384 (2) provides that the provisions of Section 92 shall, subject to such exceptions, modifications an .....

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