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    <title>Companies (Issue of Global Depository Receipts) Amendment Rules, 2020</title>
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    <description>The amendments substitute the scheme reference with the Depository Receipts Scheme, 2014, define &quot;overseas depository&quot; as the foreign depository in the Scheme, permit depository receipts to be issued by public offering, private placement or any other method recognised in the relevant jurisdiction and to be listed or traded on the jurisdictional platform, remove certain references to &quot;abroad,&quot; and allow proceeds to be remitted to an International Financial Services Centre Banking Unit (IBU) for utilisation in accordance with Reserve Bank instructions.</description>
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