Comany Act, 1956
This query is : Resolved
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?
05 September 2010
It will be registered under Companies Act, 1956 and will be considered as an Indian Company.
Rgds
Rgds
06 October 2010
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