(11) Body Corporate or Corporation

“body corporate” or “corporation” includes a company incorporated outside India, but does not include—

(i)

a co-operative society registered under any law relating to co-operative societies; and

(ii)

any other body corporate (not being a company as defined in this Act), which the Central Government may, by notification, specify in this behalf

Notes, amendments & references (1)

by notification, specify in this behalf Asian Development Bank is notified to be excluded from the definition of body corporate or corporation vide Notification No. S.O. 1592.(E) dated 12.04.2018. To view the notification, Click Here