Overview of Change of Place of the Company
Every company needs to have a registered office within thirty days of its incorporation as per the Companies Act, 2013 (‘Act’). A company should have a registered office at all times until it is in existence. The registered office is mentioned in the Memorandum of Association (MOA) and Articles of Association (AOA).
The registered office is the office where the company receives all the communications and notices sent to it. It is the official office of the company where it carries on business. The address of the registered office needs to be given to the Registrar of Companies (‘ROC’).
However, a company may be required to change its registered office. In such a case, the company needs to follow the compliances laid down in the Act and the Companies (Incorporation) Rules, 2014 (‘Rules’). The compliances to be followed by a company in different situations are given below.
Eligibility criteria for Change of Place of the Company in India
Registration of office address is important as it acts as the company’s main address where all will send by communication and legal notice:
- government authorities
- regulatory bodies
- Another stakeholder
In addition, it is an official address where the company keeps its books of accounts, registers and other important business documents. Originally, the address is used to know the company’s jurisdiction and legal process. Therefore, the address of a registered office is a requirement for the smooth functioning of a company.
Documents required to obtain an Change of Place of the Company
Documents required to be filed with form INC-22:
- Copy of Board Resolution.
- Proof of Ownership of premises, e.g. Copy of Utility Bill like electricity bill, Water tax receipt etc.
- Lease deed, if premises are rented or NOC if some other person owns it
FAQs About Change of Place of the Company?
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