Home PYQs UPPSC UPPSC MCQs Prelims 2006 (GS Paper I)

Question

Foreign Corporation are governed by

  1. Special Act of Parliament
  2. Ministry of Foreign Affairs, Government o India
  3. Indian Companies Act, 1956
  4. None of the above

Answer:

Option C: Indian Companies Act, 1956

Detailed Solution:

The correct answer is “Indian Companies Act, 1956”.

Foreign corporations operating in India are generally governed by the provisions of the Indian Companies Act, 2013.