Question 17 of 21
Q.Write about foreign companies.
Tamil Nadu DgeTamil Nadu HSC First Year (DGE) Commerce Board 2022Subjective· 3mImportance★★★★★
81% · 17/21 Questions
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Start your 14-day free trial to unlock the full solution →A foreign company is registered outside India but operates in India; it must comply with Indian company law for its Indian operations.
Under the Companies Act, 2013, a foreign company means a company or body corporate that is incorporated outside India but which:
- has a place of business in India — whether on its own or through an agent, and whether physically or through electronic mode; and
- carries on any business activity in India in any manner. …
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