Section 391 of Companies Act 2013 :-
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.
India's Important Case Laws and Landmark Judgments on Companies Act 2013.
Section 391 Companies Act 1956 has been repealed.
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.
India's Important Case Laws and Landmark Judgments on Companies Act 2013.
Section 391 Companies Act 1956 has been repealed.
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