Manner and Form of Depository Receipts [(1) The depository receipts can be issued by way of public offering or private placement or in any other manner prevalent in the concerned jurisdiction and may be listed or traded on the listing or hading platform in the concerned jurisdiction.] (2) The depository receipts may be issued against […]

Conditions for Issue of Depository Receipts (1) The Board of Directors of the company intending to issue depository receipts shall pass a resolution authorising the company to do so. (2) The company shall take prior approval of its shareholders by a special resolution to be passed at a general meeting: Provided that a special resolution

Eligibility to Issue Depository Receipts A company may issue depository receipts provided it is eligible to do so in terms of the Scheme and relevant provisions of the Foreign Exchange Management Rules and Regulations. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST

Definitions (1) In these Rules, unless the context otherwise requires, — (a) “Act” means the Companies Act, 2013 (18 of 2013); 2[(aa) “overseas depository” or “overseas depository bank” shall mean ‘foreign depository’ as defined in the Scheme.] (b) “Section” means section of the Act; (c) “Scheme” means the 1[Depository Receipts Scheme,2014] or any modification or re-enactment thereof; (2) Words and expressions

Short Title and Commencement To be Published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i)] Government of India Ministry of Corporate Affairs New Delhi, the 31st March, 2014 G.S.R. 252(E).- In exercise of the powers conferred by section 41 read with 469 of the Companies Act, 2013, the Central Government hereby makes the following rules,

Private placement (1) For the purposes of sub-section (2) and sub-section (3) of section 42, a company shall not make an offer or invitation. to subscribe to securities through private placement unless the proposal has been previously approved by the shareholders of the company, by a special resolution. for each of the offers or invitations: Provided

Payment of Commission A company may pay commission to any person in connection with the subscription or procurement of subscription to its securities, whether absolute or conditional, subject to the following conditions, namely: – (a) the payment of such commission shall be authorized in the company’s articles of association; (b) the commission may be paid

Return of Allotment. (1) Whenever a company having a share capital makes any allotment of its securities, the company shall, within thirty days thereafter, file with the Registrar a return of allotment in Form PAS-3, along with the fee as specified in the Companies (Registration Offices and Fees) Rules, 2014. (2) There shall be attached to the Form

Refund of Application Money (1) If the stated minimum amount has not been subscribed and the sum payable on application is not received within the period specified therein, then the application money shall be repaid within a period of fifteen days from the closure of the issue and if any such money is not so

Shelf Prospectus and Information Memorandum The information memorandum shall be prepared in Form PAS-2 and filed with the Registrar along with the fee as provided in the Companies (Registration Offices and Fees) Rules, 2014 within one month prior to the issue of a second or subsequent offer of securities under the shelf prospectus. Practice area’s of B K