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Question

A co. was incorporated outside India before April 1, 1956 and is still having its business in India. It is a ______________________.

A
foreign company
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B
indian company
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C
government Co
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D
none of the above
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Solution

The correct option is C foreign company
A co. was incorporated outside India before April 1, 1956 and is still having its business in India. It is a Foreign Company. These body Corporate incorporated outside India having a place of business in India whether by itself or through an agent, physically or through electronic mode and conducts any business activity in India in any other manner.
Thus the correct answer is A.

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