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of <h1>Foreign Companies with 50% Indian Shareholding Must Comply with Chapter XXII of Companies Bill, 2011</h1> Where at least 50% of the paid-up share capital of a foreign company is held by Indian citizens, Indian-incorporated companies, or a combination of both, the foreign company must adhere to the provisions of Chapter XXII of the Companies Bill, 2011, and other applicable provisions of the Act. This requirement treats the foreign company as if it were incorporated in India, ensuring compliance with Indian business regulations.
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