Companies Act Section 391: Application of sections 34 to 36 and Chapter XX.

THE COMPANIES ACT, 2013

ACT NO. 18 OF 2013

COMPANIES ACT 2013 SECTION 391 CHAPTER XXII

COMPANIES INCORPORATED OUTSIDE INDIA

 

Application of sections 34 to 36 and Chapter XX.— (1) The provisions of sections 34 to 36 (both inclusive) shall apply to—

(i) the issue of a prospectus by a company incorporated outside India under section 389 as they apply to prospectus issued by an Indian company;

(ii) the issue of Indian Depository Receipts by a foreign company.

(2) The provisions of Chapter XX shall apply mutatis mutandis for closure of the place of business of a foreign company in India as if it were a company incorporated in India.

Tags: companies act 2013 section 391 CHAPTER XXII, application of sections 34 to 36 and chapter xx., companies act 2013, companies act chapter xxii, company act section 391



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