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COMPANIES INCORPORATED OUTSIDE INDIA - Proposed Amendments in the Companies Act, 2013

News and Press Release - Dated:- 2-2-2016 - Application of Act to Foreign Companies 20.1 Section 379 of the Act provides that where not less than fifty percent of the paid-up share capital of a foreign company is held by one or more citizens of India .....

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y incorporated in India. It was put to the Committee to clarify the position on the applicability of the provisions of Chapter XXII, to those body corporates that were covered within the definition of Section 2(42), but did not fall within the catego .....

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