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According to the Companies Act, aforeign company isa)If the company is established outside India and has a place- ofbusiness in India.b)A company incorporated outside India having shareholders who areall Indian citizens and having its business outside India.c)A company incorporated in India but having all foreign shareholders.d)Both (a) and (b).Correct answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about According to the Companies Act, aforeign company isa)If the company is established outside India and has a place- ofbusiness in India.b)A company incorporated outside India having shareholders who areall Indian citizens and having its business outside India.c)A company incorporated in India but having all foreign shareholders.d)Both (a) and (b).Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for According to the Companies Act, aforeign company isa)If the company is established outside India and has a place- ofbusiness in India.b)A company incorporated outside India having shareholders who areall Indian citizens and having its business outside India.c)A company incorporated in India but having all foreign shareholders.d)Both (a) and (b).Correct answer is option 'A'. Can you explain this answer?.

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