{"id":252332,"date":"2021-08-06T11:30:12","date_gmt":"2021-08-06T06:00:12","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=252332"},"modified":"2021-08-06T11:21:40","modified_gmt":"2021-08-06T05:51:40","slug":"foreign-companies-and-companies-incorporated-outside-india-exempted-from-purview-of-sections-387-to-392-to-the-extent-they-relate-to-offering-for-subscription-in-the-securities-and-requirements-relate","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2021\/08\/06\/foreign-companies-and-companies-incorporated-outside-india-exempted-from-purview-of-sections-387-to-392-to-the-extent-they-relate-to-offering-for-subscription-in-the-securities-and-requirements-relate\/","title":{"rendered":"Foreign companies and companies incorporated outside India exempted from purview of sections 387 to 392 to the extent they relate to offering for subscription in the securities and requirements related to prospectus"},"content":{"rendered":"
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On August 05, 2021, the Ministry of Corporate Affairs has issued a notification to exempt foreign companies and companies incorporated or to be incorporated outside India, whether the company has or has not established, or when formed may or may not establish, a place of business in India, from the provisions of sections 387 to 392 of the Companies Act, 2013<\/a> insofar as they relate to the offering for subscription in the securities, requirements related to the prospectus, and all matters incidental thereto in the International Financial Services Centres set up under section 18 of the Special Economic Zones Act, 2005.<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

On August 05, 2021, the Ministry of Corporate Affairs has issued a notification to exempt foreign companies and companies incorporated or to <\/p>\n","protected":false},"author":8808,"featured_media":244192,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[],"class_list":["post-252332","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-notifications"],"yoast_head":"\nForeign companies and companies incorporated outside India exempted from purview of sections 387 to 392 to the extent they relate to offering for subscription in the securities and requirements related to prospectus | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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The written episode along with the video episode can be watched and read below. https:\/\/youtu.be\/7G3CmHgsnOM SUPREME COURT Emergency arbitrator\u2019s award is referable to S. 17(1) of Indian Arbitration Act; enforceable under S. 17(2): Scopious analysis of\u2026","rel":"","context":"In "SCC Times Newsflash"","block_context":{"text":"SCC Times Newsflash","link":"https:\/\/www.scconline.com\/blog\/post\/category\/watch-now-2\/scc-times-newsflash\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-138.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-138.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-138.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-138.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-138.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":266557,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/05\/06\/application-under-private-placement-made-compulsory-for-corporate-bodies-vide-companies-prospectus-and-allotment-of-securities-amendment-rules-2022\/","url_meta":{"origin":252332,"position":1},"title":"Application under private placement made compulsory for corporate bodies vide Companies (Prospectus and Allotment of Securities) Amendment Rules, 2022","author":"Prachi Bhardwaj","date":"May 6, 2022","format":false,"excerpt":"On 5th May, 2022, Ministry of Corporate Affairs, notified Companies (Prospectus and Allotment of Securities) Amendment Rules, 2022. 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The facts in the instant case are such that the company PDS\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":198355,"url":"https:\/\/www.scconline.com\/blog\/post\/2018\/07\/11\/key-changes-brought-about-by-and-implications-of-cross-border-merger-regulations-2018\/","url_meta":{"origin":252332,"position":4},"title":"Key changes brought about by and implications of Cross-Border Merger Regulations, 2018","author":"Saba","date":"July 11, 2018","format":false,"excerpt":"by Bhumesh Verma*, Managing Partner, Corp Comm Legal and Soumya Shekhar**, Research Associate","rel":"","context":"In "OP. ED."","block_context":{"text":"OP. 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The Regulations are further divided in 13 Chapters and 184 Regulations. \u00a0 I. Applicability: The Regulations are applicable on an initial public offer of specified securities by\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/05\/IFSCA1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/05\/IFSCA1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/05\/IFSCA1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/05\/IFSCA1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/05\/IFSCA1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/252332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/8808"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=252332"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/252332\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/244192"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=252332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=252332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=252332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}