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<h1>Indian Depository Receipt: A Domestic Instrument by Foreign Companies as per Section 2(48) of Companies Act, 2013.</h1> An Indian Depository Receipt is an instrument in the form of a depository receipt created by a domestic depository in India. It is authorized by a company incorporated outside India that issues these depository receipts, as defined in section 2(48) of the Companies Act, 2013.