Section – 390, Companies Act, 2013
Offer of Indian Depository Receipts.
390. Notwithstanding anything contained in any other law for the time being in force, the Central Government may make rules applicable for—
| (a) | the offer of Indian Depository Receipts; | |
| (b) | the requirement of disclosures in prospectus or letter of offer issued in connection with Indian Depository Receipts; | |
| (c) | the manner in which the Indian Depository Receipts shall be dealt with in a depository mode and by custodian and underwriters; and | |
| (d) | the manner of sale, transfer or transmission of Indian Depository Receipts, |
by a company incorporated or to be incorporated outside India, whether the company has or has not established, or will or will not establish, any place of business in India.