Q: What is foreign company under Companies Act, 2013 ?
Ans: Under the Indian Companies Act, a “Foreign Company” refers to any company or body corporate incorporated outside India having a place of business in India and conducts business activities in any manner. However, companies registered under the Indian Companies Act shall not be fall under the ambit of foreign companies. The article delves into the provisions of Sections 379 to 393 of the Companies Act, 2013, which specifically deal with foreign companies.
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