CS Aditya Agrawal (PCS) (110 Points)
29 February 2012Dear Friends,
If a company is having its registered office in a residential place which is in the name of promoters but they do not reside there and no business activity is being carried out from there. Compnay run their business from it head office which is located at some different place.
In aforesaid condition whether is it legal to have registered office of the company in residential place? can any authority object it ?
Regards
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 29 February 2012
Dear Aditya,
No need to worry. This is the story of most of the companies in India. First appreciate you can have your registered office at a residential place subject to the rules and regulation of municipality. There is no restriction from company law.
Carrying out activity from some other place is also fine.
Things you have to understand and manage:
So somehow you have to maintain registered office address active by putting at least one person here to collect letters etc.
Regards
Ankur
CS Rajveer Rai, Gurgaon
(CS)
(646 Points)
Replied 29 February 2012
No I think there is no issue a company can have registered office any where however local authority may charge it as commercial building further you can treat it as company has taken building on rent from its promoters
CS Aditya Agrawal
(PCS)
(110 Points)
Replied 29 February 2012
Thanks alot dear Ankur and Rajiv,
Be kind enough to share knowledge in regard that whether the premises having registered office be treated as a commercial building or residential in the eyes of Municipality and other local authority ( power, water etc. ) as the company is not carrying out any business activity from there.
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