https://www.taxtmi.com/acts?id=14405 Issuance of Indian Depository Receipts is permitted only where the issuing company meets prescribed thresholds for pre-issue paid-up capital and free reserves, maintains a required average turnover in the preceding three years, has earned profits for a continuous multi-year period with minimum annual dividend distributions during that period, and observes a maximum pre-issue debt-equity ratio; additionally, the company must fulfil any further eligibility criteria laid down by SEBI. en-us Thu, 02 Jun 2011 10:20:04 +0530 Thu, 02 Jun 2011 10:20:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=14405 Issuance of Indian Depository Receipts is permitted only where the issuing company meets prescribed thresholds for pre-issue paid-up capital and free reserves, maintains a required average turnover in the preceding three years, has earned profits for a continuous multi-year period with minimum annual dividend distributions during that period, and observes a maximum pre-issue debt-equity ratio; additionally, the company must fulfil any further eligibility criteria laid down by SEBI. Act-Rules Companies Law Thu, 02 Jun 2011 10:20:04 +0530 https://www.taxtmi.com/acts?id=14405