Exemption for foreign companies from prospectus and subscription requirements in IFSCs under the Special Economic Zones framework. The Central Government exempts foreign companies (incorporated outside India) from sections 387-392 of the Companies Act insofar as those provisions govern offering for subscription, prospectus requirements, and incidental matters within International Financial Services Centres established under the Special Economic Zones Act, 2005.
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.
Exemption for foreign companies from prospectus and subscription requirements in IFSCs under the Special Economic Zones framework.
The Central Government exempts foreign companies (incorporated outside India) from sections 387-392 of the Companies Act insofar as those provisions govern offering for subscription, prospectus requirements, and incidental matters within International Financial Services Centres established under the Special Economic Zones Act, 2005.
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