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.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
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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