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    <title>Insertion of new section 393A</title>
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    <description>A newly inserted provision authorises the Central Government, by notification, to exempt specified classes of foreign companies-including companies incorporated outside India irrespective of establishment of a place of business in India-from any provisions of the Chapter, and mandates that each such notification be laid before both Houses of Parliament as soon as practicable.</description>
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      <description>A newly inserted provision authorises the Central Government, by notification, to exempt specified classes of foreign companies-including companies incorporated outside India irrespective of establishment of a place of business in India-from any provisions of the Chapter, and mandates that each such notification be laid before both Houses of Parliament as soon as practicable.</description>
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