As per Companies Act 2013, a company is - A. Formed and registered under the Companies Act, 2013 B. An existing company registered under any earlier Companies Act Select the correct answer from the options given below.
A
A only
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B
B only
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C
A or B
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D
A but not B
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Solution
The correct option is C A or B A company, which is incorporated under the relevant legislation of a foreign country, will not qualify as a company under the 2013 Act The proviso to section 2(71) states that “a company which is a subsidiary of a company, not being a private company, shall be deemed to be a public company for the purposes.