Under the Companies Act, 2013, a foreign company may have place of business in India:
Under s.2(42)(a), a foreign company is one that has a place of business in India "whether by itself or through an agent, physically or through electronic mode". The place of…
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Under the Companies Act, 2013, a foreign company may have place of business in India:
Answer and explanation
Correct answer D
Under s.2(42)(a), a foreign company is one that has a place of business in India "whether by itself or through an agent, physically or through electronic mode". The place of business may therefore be physical or electronic, and either mode may be used directly or through an agent.
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