Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Issuers can offer Indian Depository Receipts if listed for 3 years, with 50 crore minimum size, and meet specific criteria.</h1> An issuer can make an issue of Indian Depository Receipts (IDRs) if it has been listed in its home country for at least three years, is not barred by any regulatory body, complies with local securities regulations, and its promoters or directors are not fugitive economic offenders. The issue size must be at least fifty crore rupees, and only one denomination of IDRs is allowed. The issuer must ensure the underlying equity shares are listed in the home country and rank equally with existing shares. Additionally, the issuer must secure finance for 75% of the project and limit general corporate purposes to 25% of the raised amount.
TaxTMI 
TaxTMI 
