Depository receipt obligations require custodians and depositories to ensure compliant issue, monitoring, and reporting under Indian law. The Scheme requires domestic custodians to ensure compliance with issue and cancellation provisions for depository receipts, maintain and report records of such transactions to Indian depositories for foreign exchange monitoring, provide requested information to regulatory authorities, and file with SEBI the document setting out terms of issue for depository receipts backed by securities in a permissible jurisdiction. Indian depositories must coordinate to publish outstanding permissible securities and conversion limits, and persons transferring permissible securities abroad must comply with Indian law and the Scheme.