Companies Act, 1956
Sec 605 - Registration of prospectus.
(1) No person shall issue, circulate or
distribute in India any prospectus offering for subscription shares in or
debentures of a company incorporated or to be incorporated outside India,
whether the company has or has not established, or when formed will or will not
establish, a place of business in India, unless before the issue, circulation
or distribution of the prospectus in India, a copy thereof certified by the chairman
and two other directors of the company as having been approved by resolution of
the managing body has been delivered for registration to the Registrar and the
prospectus states on the face of it that a copy has been so delivered, and
there is endorsed on or attached to the copy
(a) any consent to the issue of the prospectus
required by section 604;
(b) a copy of any contract required by clause
16 of Schedule II to be stated in the prospectus or, in the case of a contract
not reduced into writing, a memorandum giving full particulars thereof; and
(c) where the persons making any report
required by Part II of Schedule II have made therein, or have, without giving
the reasons, indicated therein, any such adjustments as are mentioned in clause
32 of that Schedule, a written statement signed by those persons setting out
the adjustments and giving the reasons therefor.
(2) The references in clause (b) of
sub-section (1) to the copy of a contract required thereby to be endorsed on or
attached to a copy of the prospectus shall, in the case of a contract wholly or
partly in a language other than English, be taken as references to a copy of a
translation of the contract in English or a copy embodying a translation in
English of the parts which are not in English, as the case may be, being a
translation certified in the prescribed manner to be a correct translation.