Section 382 of the Companies Act, 2013
Section 382 of the Companies Act, 2013 relates to the "Display of name, etc., of foreign company." It lays down the requirements for how a foreign company operating in India must publicly display its identity and details.
📘 Section 382 – Display of name, etc., of foreign company
Key Provisions:
Every foreign company is required to comply with the following:
Display at Office and Places of Business in India:
The name of the foreign company and the country in which it is incorporated must be:
Conspicuously displayed on the outside of every office or place of business in India.
Written in English and also in the local vernacular language.
Disclosure on Official Documents:
The company must mention the following on all its official correspondence and publications (letters, billheads, letter paper, notices, and other official publications):
The name of the company
The country of incorporation
The fact that it is incorporated outside India
The address of its principal place of business in India
Penalty for Non-Compliance:
If the company fails to comply, it may be liable to pay a penalty as prescribed under the Act.
✅ Purpose:
This section ensures that all stakeholders, including customers, vendors, and authorities, are clearly informed about the foreign status of the company and where it is legally domiciled. It brings transparency and helps in regulatory compliance.
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