Issuance of depository receipts permitted after special resolution, subject to prescribed manner and conditions for foreign issuance. A company may issue depository receipts in any foreign country after passing a special resolution in its general meeting, subject to the manner and ... Summary
Issuance of depository receipts permitted after special resolution, subject to prescribed manner and conditions for foreign issuance.
A company may issue depository receipts in any foreign country after passing a special resolution in its general meeting, subject to the manner and conditions as prescribed, and compliance with prescribed procedures for prospectus and allotment of such securities.
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