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Comany Act, 1956

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(Querist)
04 September 2010 If any foreign company comes in India and if it established its subsidiary company in India, then what is the nature of that subsidiary company. If it is registered under the Indian Companies Act, then is it remain a foreign company or Indian Company?
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Ankur Garg

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Ankur Garg (Expert)
05 September 2010 It will be registered under Companies Act, 1956 and will be considered as an Indian Company.

Rgds
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ritesh bhattad

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ritesh bhattad (Querist)
06 October 2010 Thank you very much
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