391. 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.
