Cos 393A — Exemptions under this Chapter

Companies Act, 2013

Statutory text

[393A.  Exemptions  under  this  Chapter.—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.]

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