What is Application of sections 34 to 36 and Chapter XX What is Punishment for contravention Section 391 and 392 of Indian Companies Act 2013

Application of sections 34 to 36 and Chapter XX and Punishment for contravention are defined under Section 391  and 392 of Indian Companies Act 2013. Provisions under these Sections are:

Section 391 of Indian Companies Act 2013 "Application of sections 34 to 36 and Chapter XX"

(1) The provisions of sections 34 to 36 (both inclusive) shall apply to -

(i) the issue of a prospectus by a company incorporated outside India under section 389 as they apply to prospectus issued by an Indian company;

(ii) the issue of Indian Depository Receipts by a foreign company.

(2) The provisions of Chapter XX shall apply mutatis mutandis for closure of the place of business of a foreign company in India as if it were a company incorporated in India.

Section 392 of Indian Companies Act 2013 "Punishment for contravention"

Without prejudice to the provisions of section 391, if a foreign company contravenes the provisions of this Chapter, the foreign company shall be punishable with fine which shall not be less than one lakh rupees but which may extend to three lakh rupees and in the case of a continuing offence, with an additional fine which may extend to fifty thousand rupees for every day after the first during which the contravention continues and every officer of the foreign company who is in default shall be punishable with imprisonment for a term which may extend to six months or with fine which shall not be less than twenty five thousand rupees but which may extend to five lakh rupees, or with both.

 

What law related to Accounts of foreign company Display of name, etc., of foreign company. Section 381 and 382 of Indian Companies Act 2013

What is Service on foreign company What is Debentures, annual return, registration of charges, books of account and their inspection. Section 383 and 384 of Indian Companies Act 2013

What is Fee for registration of documents What is Interpretation What is Dating of prospectus and particulars to be contained therein. Section 385, 386 and 387 of Indian Companies Act 2013

What is Provisions as to experts consent and allotment What is Registration of prospectus What is Offer of Indian Depository Receipts Section 388, 389 and 390 of Indian Companies Act 2013

What is Application of sections 34 to 36 and Chapter XX What is Punishment for contravention Section 391 and 392 of Indian Companies Act 2013

What is Company's failure to comply with provisions of this Chapter not to affect validity of contracts, etc What is Annual reports on Government companies Section 393 and 394 of Indian Companies Act 2013

What is Annual reports where one or more State Governments are members of companies Registration offices. Section 395 and 396 of Indian Companies Act 2013

What is Admissibility of certain documents as evidence What are the Provisions relating to filing of applications, documents, inspection, etc., in electronic form Section 397 and 398 of Indian Companies Act 2013

What is Inspection, production and evidence of documents kept by Registrar What is Electronic form to be exclusive, alternative or in addition to physical form Section 399 and 400 of Indian Companies Act 2013

 

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