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Question
Explain the following term/concept.
Registered Office Clause
Solution
This clause of the Memorandum of Association mentions the state in which the registered office of the company is to be situated. The company which is incorporated must have its registered office within 30 days of its incorporation. The address of the registered office helps to :
(i) determine its domicile, nationality, and jurisdiction of the court under Which it comes
(ii) know the place where its various statutory books such as the register of members, register of debenture holders, register of charges, minutes books, documents, and papers, etc., must be kept
(iii) show where all notices and other communications can be sent.
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