IDR issuance eligibility requires home country listing, absence of regulatory prohibition, and a securities compliance record. Issuance of Indian Depository Receipts requires the issuing company to be listed in its home country, not be prohibited from issuing securities by any regulatory body, and to have a track record of compliance with securities market regulations in its home country; 'home country' means the country where the issuing company is incorporated and listed.
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.
IDR issuance eligibility requires home country listing, absence of regulatory prohibition, and a securities compliance record.
Issuance of Indian Depository Receipts requires the issuing company to be listed in its home country, not be prohibited from issuing securities by any regulatory body, and to have a track record of compliance with securities market regulations in its home country; "home country" means the country where the issuing company is incorporated and listed.
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