Function of the registered office, Business Law and Ethics

Function of the Registered Office:

                         Section 107(1) provides that a company shall, as from the day on which it begins to carry on business or as from the fourteenth day after the date of its incorporation, whichever is the earlier, have a registered office and a registered postal address to which all communications and notices may be addressed. S.108(1) requires notice of the situation of the registered office and the registered postal address, and of any change therein, to be given within fourteen days after the date of incorporation of the company or of the change, as the case may be, to the registrar for registration.

Failure to comply with the requirements of these sections renders the company, and every officer of the company who is in default, liable to a default fine.

The primary function of the registered office is to act as the company's official address. It provides a convenient place where legal documents, notices, and other communications can be served. Section 391(1) provides that a document may be served on a company by, inter alia, leaving it at the registered office of the company.

Posted Date: 1/12/2013 2:27:46 AM | Location : United States







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