Applicability of Indian depository receipt rules limited to companies incorporated outside India, irrespective of business presence. Rule 2 confines the Companies (Issue of Indian Depository Receipts) Rules, 2004 to companies incorporated outside India, and specifies that this ... Summary
Applicability of Indian depository receipt rules limited to companies incorporated outside India, irrespective of business presence.
Rule 2 confines the Companies (Issue of Indian Depository Receipts) Rules, 2004 to companies incorporated outside India, and specifies that this applicability applies whether or not such companies have established any place of business in India.
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