valid as on 28/09/2020

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

2. Definitions.
(1) In these Rules, unless the context otherwise requires, –

(a) “Act” means the Companies Act, 2013 (18 of 2013);

“overseas depository” or “overseas depository bank” shall mean ‘foreign depository’ as defined in the Scheme.’;

(b) “Section” means section of the Act;

(c) “Scheme” means the Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) Scheme, 1993 or any modification or reenactment thereof;

(2) The used in these rules but not defined and defined in the Act or in the Companies (Specification of definitions details) Rules, 2014 or in the Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) Scheme, 1993 shall have the meanings respectively assigned to them in the Act or in the said rules or scheme.

Inserted vide Companies (Issue of Global Depository Receipts) Amendment Rules, 2020 dated 13.02.2020. To view the notification, Click Here
Substituted vide Companies (Issue of Global Depository Receipts) Amendment Rules, 2020 dated 13.02.2020. To view the notification, Click Here
 words and expressions used and not defined in this Act but defined in the Securities Contracts (Regulation) Act, 1956 (42 of 1956) or the Securities and Exchange Board of India Act, 1992 (15 of 1992) or the Depositories Act, 1996 (22 of 1996) shall have the meanings respectively assigned to them in those Acts
Substituted vide Companies (Issue of Global Depository Receipts) Amendment Rules, 2020 dated 13.02.2020. To view the notification, Click Here

Companies (Issue of Global Depository Receipts) Amendment Rules, 2020 dated 13.02.2020


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