Introducing the βIn Favour Ofβ filter in Case Laws.
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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>Rules for issuing India prospectus for overseas companies' securities: dated, signed, disclosures; waivers void; forms must attach.</h1> No person may issue, circulate, or distribute in India a prospectus offering subscription to securities of a company incorporated or to be incorporated outside India unless the prospectus is dated and signed and includes specified particulars about the company's constitution, incorporation law, inspection address in India (with English translation if needed), incorporation date and country, and whether it has a place of business in India, along with disclosures required for prospectuses generally. Certain constitution and inspection particulars are exempt if the prospectus is issued more than two years after the company becomes entitled to commence business. Any waiver of these requirements or attempt to bind applicants to undisclosed matters is void. Application forms must accompany a compliant prospectus, subject to limited exceptions, and other legal liabilities remain unaffected.