Section 393A of the Companies Act, 2013: Exemptions under this Chapter

The Companies Act, 2013

Chapter– XXII Companies Incorporated Outside India

1[Section 393A: Exemptions under this Chapter.

[393A. The Central Government may, by notification, exempt any class of—

(a) foreign companies;

(b) 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,

as may be specified in the notification, from any of the provisions of this Chapter and a copy of every such notification shall, as soon as may be after it is made, be laid before both Houses of Parliament.]


Reference

1. Inserted by the Companies (Amendment) Act, 2020, w.e.f. 22.01.2021[S.O. 325(E) dated 22.01.2021].