In which of the following conditions, a company will be reckoned a for – McqOptions

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1.	In which of the following conditions, a company will be reckoned a foreign company?
A.	if the company is established outside india and has a place- of business in india.
B.	a company incorporated outside india having shareholders who are all indian citizens and having its business outside india.
C.	a company incorporated in india but having all foreign shareholders.
D.	both (a) and (b).
Answer» B. a company incorporated outside india having shareholders who are all indian citizens and having its business outside india.

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