Two-way fungibility of ADRs/GDRs suspended for Overseas Corporate Bodies pending government review and restricted to other foreign investors. Two-way fungibility of depository receipts is temporarily restricted so that Overseas Corporate Bodies (OCBs) cannot participate pending a full review; the scheme may operate only for foreign investors other than OCBs, and stock exchanges, depositories and custodians are to notify their constituents of this interim eligibility restriction.
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.
Two-way fungibility of ADRs/GDRs suspended for Overseas Corporate Bodies pending government review and restricted to other foreign investors.
Two-way fungibility of depository receipts is temporarily restricted so that Overseas Corporate Bodies (OCBs) cannot participate pending a full review; the scheme may operate only for foreign investors other than OCBs, and stock exchanges, depositories and custodians are to notify their constituents of this interim eligibility restriction.
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