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    Question for Status of Company

    Posted By : damini / Published on : 20-Jan-2020 10:16 AM / View : 482 / Comment : 0

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    One Private Limited Company established by all the Indian shareholders and Directors under the Companies Act, 1956.

    Now out of 4 directors 2 directors are became foreign resident and foreign passport holders.
    And 99 % of shareholders are also became foreign resident and foreign passport holders.

    Is that Company considered as Foreign Company ?

    What compliance will do for that Company ?
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