96 foreign companies registered in India in 2017-18 with almost ₹ 10 crore revenue from them; Govt. carries out many programmes to spread awareness in investors

The number of foreign companies registered during each of the last three years and the current year in the country including in the State of Madhya Pradesh along with the amount of revenue earned from these companies, State/UT/Year-wise can be seen with Annexure-I.

The detailed provisions with regard to companies incorporated outside India are laid down in Chapter XXII of the Companies Act, 2013 (Section 379-393) and Companies (Registration of Foreign Companies) Rules, 2014.   Further, section 380 of the Companies Act, 2013 read with such Rules specifies the documents/information etc. required to be filed by a foreign company with Registrar of Companies, New Delhi within 30 days from establishment of its place of business in India.

As per the provisions of Section 125 of the Companies Act, 2013 the IEPF Authority is mandated to promote investor education, awareness and protection. To promote investor awareness the authority has issued advertisements in newspapers, jingles on radio, crawlers on Doordarshan, SMSs on mobile phones. Investor Awareness Programmes are organised through Professional Institutes as well as through the Common Services Centres located in rural areas of the country. A joint campaign in association with Securities and Exchange Board of India, Reserve Bank of India and Department of Consumer Affairs has also been initiated.

This was stated by Shri P.P. Chaudhary, Minister of State for Law & Justice / Corporate Affairs in written reply to a question in Lok Sabha.