https://www.taxtmi.com/circulars?id=2145 Amendment aligns the ADR/GDR guidelines under the Foreign Currency Convertible Bonds and Ordinary Shares (Through Depositary Receipt Mechanism) Scheme, 1993 with domestic capital-issue norms framed by SEBI, refers to the Government press note and notification implementing those changes, and notes that consequential amendments to FEMA transfer/issue of securities rules will follow; Authorised Dealer banks must inform constituents and the directions are issued under FEMA powers. en-us Mon, 05 Sep 2005 00:00:00 +0530 Fri, 03 Oct 2008 11:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2145 Amendment aligns the ADR/GDR guidelines under the Foreign Currency Convertible Bonds and Ordinary Shares (Through Depositary Receipt Mechanism) Scheme, 1993 with domestic capital-issue norms framed by SEBI, refers to the Government press note and notification implementing those changes, and notes that consequential amendments to FEMA transfer/issue of securities rules will follow; Authorised Dealer banks must inform constituents and the directions are issued under FEMA powers. Circulars FEMA Mon, 05 Sep 2005 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2145