can foreign company become india company ?????????
reply
2 Replies
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 20 November 2011
A foreign co cannot become an Indian company, as for an co to be ab indian co the registered office of teh co shud be situated in India.
Krishna Chandra Mohanta
(Company Secretary)
(54 Points)
Replied 23 November 2011
Indian Company means a company incorporated under the provisions of Companies Act, 1956. Foreign Company is incorporated under the companies Act of their nation. Though a foreign company runs its business in india it will not be treated as the Indian Company.
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