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Answer in one sentence: What is meant by foreign company? - Secretarial Practice

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Question

Answer in one sentence:

What is meant by foreign company?

One Line Answer
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Solution

A company which is incorporated outside India, but having a place of business in India is called Foreign Company, e.g. Nestle India Limited, etc.

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Evolution of Business Organization
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Chapter 2: Joint Stock Company - EXERCISE [Page 30]

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Balbharati Secretarial Practice [English] 11 Standard Maharashtra State Board
Chapter 2 Joint Stock Company
EXERCISE | Q 1. G) 3) | Page 30

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