Q.

In which of the following conditions, a company will be reckoned a foreign company?

A. if the company is established outside india and has a place- of business in india.
B. a company incorporated outside india having shareholders who are all indian citizens and having its business outside india.
C. a company incorporated in india but having all foreign shareholders.
D. both (a) and (b).
Answer» A. if the company is established outside india and has a place- of business in india.
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