New Enroll in RBI Grade B New Batch - Starts on May 21

    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 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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