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.