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Under Section 2(20) of the Companies Act, 2013, the term "company" means:
Answer & Solution
Correct answer: D.
1. Section 2(20) of the Companies Act, 2013 defines a "company" as "a company incorporated under this Act or under any previous company law".
2. The word "company" therefore excludes unincorporated associations, however large.
3. Foreign-incorporated bodies corporate operating in India are dealt with separately under Chapter XXII (Sections 379-393).
4. The Lesson 1 quotation from Section 2(20) reads: "a company incorporated under this Act or under any previous company law".
_Source: ICSI CS Executive Paper 2 (Company Law) — Lesson 1: Introduction to Company Law, pp. 2-35._
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