Offer of India Depository Receipts
Section 390 of the Companies Act, 2013 deals with offer of India Depository Receipts. 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; The Act came into force on 01 Apr 2014.
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.
Section 390, The Companies Act, 2013 (Act 18 of 2013).
Made under this section, and citing it
3 instruments state that it was made under this provision — the power to make it comes from here, so a change to any of them changes what this section requires in practice. Newest first.
Questions about Section 390
What does Section 390 of the Companies Act deal with?
Section 390 of the Companies Act is headed "Offer of India Depository Receipts". 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;
How do I find court cases under Section 390 of the Companies Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Companies Act 390, section 390 Companies Act, section 390 of the Companies Act. People searching for it also type companies ordinance 390. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 390 of the Companies Act, and has it changed?
The rules and notifications made under it are where it actually bites, and there are 3: most recently 1. G.S.R No. 36(E) Companies Registration of Foreign Companies Amendment Rules 2023 dated 20.01.2023 (2023), then Companies (Registration of Foreign Companies) Amendment Rules, 2021. (2021), and 1 more.
When did Section 390 of the Companies Act come into force?
Section 390 of the Companies Act, cited as Companies Act 390, came into force on 01 Apr 2014, having been enacted on 29 Aug 2013. It is in force as at the date shown on this page.
Other sections of this Act
- 2. Definitions5089 words
- 143. Powers and duties of auditors and auditing standards1867 words
- 230. Power to compromise or make arrangements with creditors and members1432 words
- 232. Merger and amalgamation of companies1416 words
- 149. Company to have Board of Directors1403 words
- 217. Procedure, powers, etc., of inspectors1390 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 15 Oct 2026. This page is not a substitute for legal advice.