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<h1>Definition of 'Foreign Company' in Section 2(42) of Companies Act, 2013: Includes businesses incorporated abroad with presence in India.</h1> A 'Foreign Company' under section 2(42) of the Companies Act, 2013, refers to any company or corporate body incorporated outside India that either has a physical or electronic business presence in India, directly or via an agent, and engages in any form of business activity within the country.