Q. In which of the following conditions, a company will be reckoned a foreigncompany? (Solved)

1. if the company is established outside india and has a place- of business in indi

2. a company incorporated outside india having shareholders who are all indian citizens and having its business outside india.

3. a company incorporated in india but having all foreign shareholders.

4. both (a) and (b).

  • a. if the company is established outside india and has a place- of business in india.
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