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of <h1>Companies Can Maintain Foreign Registers for Shareholders Abroad; Notify Registrar Within 30 Days Using Form No.MGT.3</h1> Companies with share capital or issued debentures can maintain a foreign register of members, debenture holders, or other security holders residing outside India, if authorized by their articles. The company must notify the Registrar within thirty days of opening, changing, or discontinuing a foreign register using Form No.MGT.3. The foreign register is part of the principal register and must be maintained similarly. It is open to inspection, and entries must be transmitted to the registered office in India within fifteen days. Transactions in the foreign register cannot be registered elsewhere during its continuity, and discontinuation requires transferring entries to another register.
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