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Under sec 2 (42) of the Companies Act, 2013, …… Means any company or body corporate incorporated outside India which, (a) has a place of business in India Whether by themselves or through an Agent, physically or through electronic mode, or (b) conduct any business activity in india in any other manner:
A foreign company establishing a place of business in India should submit following documents to Registrar of Companies for registration, within—– days u/s 380 of companies Act ,2013.
When a foreign company is registered in India, the relevant documents for registration needs to be translated in English and submitted to registrar of companies. Translated document shall be authenticated as specified in rule—– of Companies (Registration of Foreign Companies ) rules, 2014.
Foreign Company means any company or body corporate incorporated——which has a place of business——-whether by itself or through an agent, physically or through electronic mode, and conducts any business activity in India in any other manner.
Metallegisoft Inc.is incorporated in Italy, however, nearly 72% of its Shares are held by 4 Indian Companies and some Indian citizens. This company is required to comply with the provisions relating to under the companies Act,2013.
Under sec 382 of the Companies Act, a Foreign company should conspicuously exhibit Outside of every office or place of business in India, in——, its name and the country in which it is incorporated.
Which of the following statement is false with respect to submission of financial statements of a foreign company having place of business in india under the provisions of the companies act , 2013?
Which of the following companies are considered to have carried out business in India according to the provisions of the Companies Act, 2013? Every company including foreign company which carries out its business through electronic mode, whether its main server is installed in India or Outside India, Which:
(i) Undertakes business to business and business to consumer transactions, date interchange or other digital supply transactions.
(ii) offers to accept deposits or invites deposits or accepts deposits or subscriptions in securities, in India or from citizens of India
(iii) Undertakes financial settlements, web-based marketing, advisory and transactional services, database services or products, supply chain management
(iv) offers online services such as telemarketing, telecommuting, telemedicine, education and information research
(v) undertakes any other related date communication services, whether conducted by e-mail, Mobile devices, social media, cloud computing, document management, voice or date transmission
Sections——- shall apply to all foreign companies.
60% of the paid -up equity share capital of ABC Inc. is held by 10 Indian Citizens. ABC Inc .shall , in respect of its Indian business, comply with ——- as if it were a company Incorporated in India.
Which of the following is not required to be delivered for registration by a foreign company to the Registrar. When a foreign company establishes a place of business in India?
On establishment of a place of business in India, ABC Inc. delivers for registration to the Registrar the required documents. Afterwards, some alterations are made in these- documents.ABC Inc. is required to deliver to the Registrar for registration, within—– of such alterations.
The Central Government may, by notification, direct that, in the case of—-, the requirements contained in sec 381 with respect to preparation and filling of balance sheet and profit and loss account shall not apply or shall apply subject to such exceptions and modifications as may be specified in that notification.
A copy of the balance sheet and profit and loss account shall be delivered to the Registrar—— by every foreign company.
If there is any special reason, the —-may grant extension up to —–a foreign company for filling of balance sheet and profit and loss account.
Statement (1) : The accounts pertaining to the Indian business operations of a foreign company shall be audited by a practicing Chartered Accountant in India or a firm or limited liability partnership of practicing chartered accountants.
Statement (2) : The accounts pertaining to the Indian business operations of a Foreign company shall be audited by any person duly qualified to act as an auditor in accordance with the laws of the foreign country.
Every foreign company shall exhibit outside every office or place where it carries on business in India, the name of the foreign company, the country of incorporation and the fact that the liability of members is limited. Such particulars shall be conspicuously exhibited in—-
Every foreign company shall exhibit in all business letter, billheads and letter paper ,and in all notices, and other official publication of the company, in——–, the name of the foreign company, the country of incorporation and the fact that the liability of members is limited. Such particulars shall be conspicuously exhibited in—-
The provisions contained in section (s)——of the companies Act, 2013 shall not apply to a foreign company.
Where a company incorporated outside India proposes to offer securities in India , the prospectus issued for such purpose need not contain the particulars with respect to:
The provisions of the section 34 to 36 shall apply to:
If a foreign company fails to comply with any of the provisions of Chapter XXII,then:
Statement (1): Any contract entered into by it shall not be valid.
Statement (2): It may be sued in respect of any contract entered into by it.
Statement (3): It may bring any suit, claim any set-off, make any counter claim or institute any legal proceeding in respect of any such contract.
A copy of the balance sheet and profit and loss account shall be delivered to the registrar —–by every foreign company.
The Provisions of section 34 to 36 shall apply to