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Question

What are foreign registers as per section 88 of the Companies Act?

A Registers kept in India Correct Answer Incorrect Answer
B Registers kept in any country outside India Correct Answer Incorrect Answer
C It contains names and particulars of the members, debenture-holders, other security holders or beneficial owners residing outside India Correct Answer Incorrect Answer
D Both a & c Correct Answer Incorrect Answer
E Both b & c Correct Answer Incorrect Answer

Solution

Section 88. Register of members, etc.: (4) A company may, if so authorized by its articles, keep in any country outside India, in such manner as may be prescribed, a part of the register, called “foreign register” containing the names and particulars of the members, debenture-holders, other security holders or beneficial owners residing outside India.

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