Question

What does a domestic company mean as per the SEBI (International Financial Services Centres) Guidelines, 2015?

A A body corporate established under a Central or State legislation Correct Answer Incorrect Answer
B An organization established under a Central or State legislation Correct Answer Incorrect Answer
C A firm established under a Central or State legislation Correct Answer Incorrect Answer
D A company and includes a body corporate or corporation established under a Central or State legislation for the time being in force Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

Guideline 2 Definitions: (c) "domestic company" means a company and includes a body corporate or corporation established under a Central or State legislation for the time being in force.

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