law: Companies (Amendment) Act, 2000
  216.
  
  Insertion of new section 605A.-
  After
  
  section 605 of the principal Act, the following section shall be inserted,
  
  namely:-
  "605A.
  
  Offer of Indian 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;
  (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 in a
  
  depository mode and by custodian and underwriters;
  (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 been established or, will or will not establish any
  
  place of business in India.".