Application of prospectus rules to foreign companies and Indian Depository Receipts extends domestic compliance to overseas issuers. The provisions governing prospectuses apply to the issuance of a prospectus by a foreign company and to the issuance of Indian Depository Receipts by a foreign company; Chapter XX applies mutatis mutandis to the closure of a foreign company's place of business in India as if it were an Indian company.
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Provisions expressly mentioned in the judgment/order text.
Application of prospectus rules to foreign companies and Indian Depository Receipts extends domestic compliance to overseas issuers.
The provisions governing prospectuses apply to the issuance of a prospectus by a foreign company and to the issuance of Indian Depository Receipts by a foreign company; Chapter XX applies mutatis mutandis to the closure of a foreign company's place of business in India as if it were an Indian company.
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