1[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.]

Amendments

1. Inserted  by The Companies Amendment Act 2020       Amendment Effective from 22nd January 2021