TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Foreign Companies Can Be Sued Despite Non-Compliance, But Can't Sue Until Statutory Requirements Met: Section 599 Companies Act 1956</h1> Section 599 of the Companies Act, 1956, states that a foreign company's non-compliance with specific statutory provisions does not invalidate its contracts, dealings, or transactions, nor does it absolve the company from being sued. However, the company is restricted from initiating lawsuits, claiming set-offs, making counterclaims, or starting legal proceedings related to such contracts, dealings, or transactions until it complies with the relevant statutory requirements.
TaxTMI 
TaxTMI 
