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What is the main distinction between Indian companies and foreign companies?a)Foreign companies can have a higher number of members compared to Indian companies.b)Foreign companies are not required to register under the Companies Act.c)Indian companies are formed under the Companies Act and have their registered office in India, while foreign companies are incorporated outside India and have a place of business in India.d)Foreign companies are always subsidiaries of Indian companies.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the main distinction between Indian companies and foreign companies?a)Foreign companies can have a higher number of members compared to Indian companies.b)Foreign companies are not required to register under the Companies Act.c)Indian companies are formed under the Companies Act and have their registered office in India, while foreign companies are incorporated outside India and have a place of business in India.d)Foreign companies are always subsidiaries of Indian companies.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the main distinction between Indian companies and foreign companies?a)Foreign companies can have a higher number of members compared to Indian companies.b)Foreign companies are not required to register under the Companies Act.c)Indian companies are formed under the Companies Act and have their registered office in India, while foreign companies are incorporated outside India and have a place of business in India.d)Foreign companies are always subsidiaries of Indian companies.Correct answer is option 'C'. Can you explain this answer?.

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