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        Companies Law

        Rule 9 - Listing of Indian Depository Receipt.

        Companies (Issue of Indian Depository Receipts) Rules, 2004
        Chapter 01

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        Indian Depository Receipts listing permits trading on recognized Indian stock exchanges and free transfer by residents under foreign exchange law. IDRs issued under this rule must be listed on recognized Indian stock exchanges and may be purchased, held and freely transferred by a person who is a resident in India as defined under the Foreign Exchange Management Act, subject to the provisions of that Act.
                        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.

                              Indian Depository Receipts listing permits trading on recognized Indian stock exchanges and free transfer by residents under foreign exchange law.

                              IDRs issued under this rule must be listed on recognized Indian stock exchanges and may be purchased, held and freely transferred by a person who is a resident in India as defined under the Foreign Exchange Management Act, subject to the provisions of that Act.


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