Can a company or corporation be regarded as a citizen of India?

No, a Company or Corporation cannot be regarded as Citizen of India. As the Company or Corporation is an Artificial Person which is created by operation of Law it can’t hold citizenship of any Country.

As per the Citizenship Act, 1955 of India only a ‘Natural Person’ can be a Citizen and not any ‘Juristic’ person like Company or any other Body corporate. Hence, company being an Artificial Person or we can say Juristic person cannot get status of the Citizenship of country, although Juristic person can get the Residential Status in India.