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What is the key characteristic of a foreign company operating in India?
  • a)
    It is registered under the Indian Companies Act.
  • b)
    It must have a minimum of seven members.
  • c)
    It has an established place of business in India.
  • d)
    It must be a subsidiary of an Indian company.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the key characteristic of a foreign company operating in India...
A foreign company is one that is incorporated outside India but has a place of business in the country, known as an established place of business. Such companies are subject to certain provisions of the Indian Companies Act when operating in India.
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What is the key characteristic of a foreign company operating in India?a)It is registered under the Indian Companies Act.b)It must have a minimum of seven members.c)It has an established place of business in India.d)It must be a subsidiary of an Indian company.Correct answer is option 'C'. Can you explain this answer?
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What is the key characteristic of a foreign company operating in India?a)It is registered under the Indian Companies Act.b)It must have a minimum of seven members.c)It has an established place of business in India.d)It must be a subsidiary of an Indian company.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 key characteristic of a foreign company operating in India?a)It is registered under the Indian Companies Act.b)It must have a minimum of seven members.c)It has an established place of business in India.d)It must be a subsidiary of an Indian company.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 key characteristic of a foreign company operating in India?a)It is registered under the Indian Companies Act.b)It must have a minimum of seven members.c)It has an established place of business in India.d)It must be a subsidiary of an Indian company.Correct answer is option 'C'. Can you explain this answer?.
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