Surya Ltd., incorporated and registered in New Delhi with a foreign shareholding more than 50% due to liberalization in FDI policy. State correct statement as to the status of the Surya Ltd.?
Surya limited shall not be considered as foreign source because of its registration in India.
Surya Ltd would be ‘foreign source having foreign shareholding more than 50% of foreign company.
Surya Ltd would be ‘foreign source having foreign contribution by various international agencies.
Both (b) & (c)