https://www.taxtmi.com/acts?id=17677 Sections 380 to 386 and sections 392 and 393 apply to foreign companies. Where not less than fifty per cent. of the paid up share capital of a foreign company is held by Indian citizens or Indian companies, such company must comply with the provisions of Chapter XXII and other prescribed provisions of the Act regarding its business in India as if it were a company incorporated in India. en-us Sat, 02 Mar 2013 16:05:32 +0530 Wed, 24 Dec 2025 15:00:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17677 Sections 380 to 386 and sections 392 and 393 apply to foreign companies. Where not less than fifty per cent. of the paid up share capital of a foreign company is held by Indian citizens or Indian companies, such company must comply with the provisions of Chapter XXII and other prescribed provisions of the Act regarding its business in India as if it were a company incorporated in India. Act-Rules Companies Law Sat, 02 Mar 2013 16:05:32 +0530 https://www.taxtmi.com/acts?id=17677