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Companies Act, 2013

391. Application of sections 34 to 36 and Chapter XX.

1.      The provisions of sections 34 to 36 (both inclusive) shall apply toŚ

              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.

Companies Act, 2013 Back

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