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APPLICATION OF THIS ACT TO FOREIGN COMPANIES [SECTION 379]
Whether not less than fifty percent of the paid up capital of a foreign company is held by –
(a) one or more citizen of India, or
(b) one or more companies or bodies corporate incorporated in India, or
(c) partly by both of them;
whither singly or in aggregate, such company shall comply the provision of Chapter XXII and other prescribed provisions of this Companies Act, 2013 with regard to the business carried on by it in India as if it were a company incorporated in India.
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