| Application of Sections 34 to 36 and Chapter XX |
Notified Date of Section: 01/04/2014
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391. *(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.
Note:
*Sub-section 1 has been notified as on 01/04/2014.
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