CA Inter P2 · Chapter 10 · Question 4 of 6
Which of the following is a requirement of section 382 for a foreign company?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: D) It must display its name and the country in which it is incorporated outside every office or place of business in India, in English and in a local language in use
Explanation
Section 382 requires every foreign company to conspicuously display, outside every office or place where it carries on business in India, its name and the country of incorporation, in English and in the local language in use there. The name and country must also appear on its business letters, bill-heads and letter paper, and in all notices and official publications. If members' liability is limited, that fact must also be stated.
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