Clarification relating to incorporation of a company i.e. company Incorporated outside India.

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....anies, All Stakeholders. Subject: Clarification relating to incorporation of a company i.e. company Incorporated outside India. Sir, Government has received references seeking clarity about the status of subsidiaries incorporated/to be incorporated by companies incorporated outside India. Attention has, in particular, been drawn to the absence of the deeming provision of sub-section (7) of sec....