https://www.taxtmi.com/acts?id=33904 The regulation mandates that underlying shares of IDRs rank pari-passu with existing shares of the same class and requires disclosure if different share classes exist. The listed entity must not exercise a lien on fully paid underlying shares and may only exercise a lien on partly paid underlying shares for moneys called or payable at a fixed time. Advance payments toward calls may carry interest but shall not confer dividend or profit participation rights, subject to applicable home country law. en-us Mon, 24 Dec 2018 18:00:50 +0530 Wed, 26 Dec 2018 17:56:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33904 The regulation mandates that underlying shares of IDRs rank pari-passu with existing shares of the same class and requires disclosure if different share classes exist. The listed entity must not exercise a lien on fully paid underlying shares and may only exercise a lien on partly paid underlying shares for moneys called or payable at a fixed time. Advance payments toward calls may carry interest but shall not confer dividend or profit participation rights, subject to applicable home country law. Act-Rules SEBI Mon, 24 Dec 2018 18:00:50 +0530 https://www.taxtmi.com/acts?id=33904