Law: Companies Ordinance, 1984

Section: 142

Companies Ordinance (XLVII of 1980--Ss. 142 & 476---Change of registered office---Information to Registrar---Delay in sending information---Company which had changed its registered office, was required to inform the Registrar on prescribed Form 21 within specified period, had informed Registrar with a delay of 17 days from period as provided under S.142 of Companies Ordinance, 1984---Default having not been committed wilfully, taking lenient view of the matter, penalty was condoned for said default with a warning to all concerned officers of the company to be careful in future in compliance of mandatory provisions of Companies Ordinance, 1984. ORDER NAZIR AHMED SHAHEEN, REGISTRAR OF COMPANIES.---This order shall dispose of show cause proceedings initiated against M/s Sasta Phone (Private) Limited (herein after referred to as the "Company") for violation of the mandatory provisions of section 142 read with section 476 of the Companies Ordinance, 1984 (hereinafter referred to as the "Ordinance"). 2. Brief facts of the matter are that the company has changed its registered office with effect from 14-11-2005 and was required to inform the concerned registrar on prescribed Form-21 within twenty eight days of such change as required A under section 142 of the Ordinance, however the same was filed on 28-12-2005 i.e., with a delay of 17 days. Section 142 of the Ordinance provides that:-- 142. Registered office of company.---(1) A company shall as from the day on which it begins to carry on business, or as from the twenty-eighth day after the date of its incorporation, whichever is the earlier, have a registered office to which all communications and notices may be addressed. (2) Notice of the situation of the registered office and of any change therein shall be given within twenty-eight days after the date of the incorporation of the company or of the change, as the case may be, to the registrar who shall record the same. (3) The inclusion in the annual return or any other document of a company of the statement as to the address of its registered office shall…

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