The Companies Act

Public offer and private placement

Power of Securities and Exchange Board to regulate issue and transfer of securities, etc

Document containing offer of securities for sale to be deemed prospectus

Matters to be stated in prospectus

Variation in terms of contract or objects in prospectus

Offer of sale of shares by certain members of company

Public offer of securities to be in dematerialised form

Advertisement of prospectus

Shelf prospectus

Red herring prospectus

Issue of application forms for securitie

Criminal liability for mis-statements in prospectus

Civil liability for mis-statements in prospectus

Punishment for fraudulently inducing persons to invest money

Action by affected persons

Punishment for personation for acquisition, etc., of securitie

Allotment of securities by company

Securities to be dealt with in stock exchanges

Global depository receipt


PART I.--Public offer


A company may, after passing a special resolution in its general
meeting, issue depository receipts in any foreign country in such manner, and subject to such conditions,
as may be prescribed.


LAWGIST

# 41 Global depository receipt