Q: Foreign ownership firm & Domestic Status

In my Opinion, If AGM of company held in India and dividend is declared than company gets domestic status. It is not necessary to make pay all dividend in India but it must be paid from India

Thanks,

1) Thanks, for the reply  how to check whether the management i(i guess AGM ) held in india.

2) if the company is not declaring any dividend income over the years can we say it is have "foreign status"?

3) I had read in the news papers that foreign company does not have to pay dividend tax? can this be used.

Thanks lovenish !

If the company was intially not declaring dividends in AGM but after-wards does

will this change the status of the company from foreign to domestic.