Friday, 20 April 2018

Advisory on shifting of Registered Office

Rule 30 (5) of Companies (Incorporation) Rules 2013 interalia provide that in case of shifting of Registered Office from one state to another state the company shall advertise in the Form No. INC.26  in the vernacular newspaper of the principal vernacular language in the district and in English language in an English newspaper with the *widest* circulation in the state in which the registered office of the company is situated.  Earlier RD was accepting advertisment in any news paper but now the new RD-N started raising question on news paper advertisement and asking company to prove whether the news paper in which advertisment has been published is in widest circulation?
RD-N view is that there can be only one newspaper in one state as per second amendment rules 30(5) which says that newspaper shall have the *widest* circulation. So be careful while submitting application before RD-N.
CS Ravi Bhushan Kumar
NOIDA