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Form MGT-3 - Notice of situation or change of situation or discontinuation of situation, of place where Foreign Register shall be kept

A company which has share capital or which has issued debentures or any other security may, if so authorized by its articles, keep in any country outside India, a part of the register of members or as the case may be, of debenture holders or of any other security holders or of beneficial owners, resident in that country (hereafter in this rule referred to as the "foreign register"). The company shall, within thirty days from the date of the opening of any foreign register, file with the Registrar notice of the situation of the office in Form No.MGT.3 along with the fee where such register is kept; and in the event of any change in the situation of such office or of its discontinuance, shall, within thirty days from the date of such change or discontinuance, as the case may be, file notice in Form No.MGT.3 with the Registrar of such change or discontinuance. (3) A foreign register shall be deemed to be part of the company's register (hereafter in this rule referred to as the "principal register") of members or of debenture holders or of any other security holders or beneficial owners, as the case may be.

Chapter: Chapter -VII

Section: Section 88(4)

Rule: Rule 7 of the Companies (Management and Administration) Rules, 2014

Approximate Time Saving: 1 hour , 30 minutes

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Product Information

This document contain the word format of MGT-3 required to be filed by the Company within thirty days from the date of the opening of any foreign register, regarding the situation of the office where such register is kept; and in the event of any change in the situation of such office or of its discontinuance, as the case may be, with the Registrar of Companies. 

This will help to save your precious time and effort. 

 

Additional Information

Entries in the foreign register maintained under sub-section (4) of section 88 shall be made simultaneously after the Board of Directors or its duly constituted committee approves the allotment or transfer of shares, debentures or any other securities, as the case may be.

The company shall—

(a) transmit to its registered office in India a copy of every entry in any foreign register within fifteen days after the entry is made; and

(b) keep at such office a duplicate register of every foreign register duly entered up from time to time

Attachments

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Mgt-3