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of <h1>Clause 384 of Companies Bill, 2011: Foreign Companies in India Must Adhere to Debentures, Annual Returns, and Charge Registration.</h1> Clause 384 of the Companies Bill, 2011, addresses the applicability of specific provisions to foreign companies operating in India. It mandates that provisions related to debentures, annual returns, and registration of charges apply to foreign companies similarly to Indian companies, with necessary modifications. Foreign companies must maintain books of account at their principal place of business in India, detailing financial transactions and assets. Additionally, regulations concerning charges on properties and the Indian business operations of foreign companies are to be applied in the same manner as they are to companies incorporated in India.
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