Application of corporate compliance provisions to foreign companies, with government power to exempt classes by order laid before Parliament. Amendment adds a new sub section making sections 380-386 and 392-393 applicable to all foreign companies, renumbers the prior text as sub section (2), and authorises the Central Government to exempt specified classes of foreign companies from those provisions by Order published in the Official Gazette, with each Order to be laid before both Houses of Parliament.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Application of corporate compliance provisions to foreign companies, with government power to exempt classes by order laid before Parliament.
Amendment adds a new sub section making sections 380-386 and 392-393 applicable to all foreign companies, renumbers the prior text as sub section (2), and authorises the Central Government to exempt specified classes of foreign companies from those provisions by Order published in the Official Gazette, with each Order to be laid before both Houses of Parliament.
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