Rule 3-Companies (Issue of Global Depository Receipts) Rules, 2014 | Companies Act Integrated Ready Reckoner|Companies Act 2013|CAIRR

valid as on 23/04/2024

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3.2.3-Companies (Issue of Global Depository Receipts) Rules, 2014

3. Eligibility to issue depository receipts. –

A company may issue depository receipts provided it is eligible to do so in terms of the Scheme and relevant provisions of the Foreign Exchange Management Rules and Regulations.