All posts by Arnav Mehra - 3. page

Professional Tax Consultant and Article Writer

REPATRIATION : Sub-rule 7 provides for repatriation of issue proceeds of IDRs. (a) The repatriation of the proceeds of issue of IDRs shall be subject to laws for the time […]

PROCEDURE FOR MAKING AN ISSUE OF IDRs : Sub-rule 3 lays down the procedure for making an issue of IDRs. The issuing company shall follow the following procedure for making an […]

DISCLOSURES : Rule 8 prescribes the disclosures of the following particulars are to be specified in the prospectus or letter of offer:– (a) General information (i) Name and address of the […]

IN PRINCIPLE APPROVAL OF RECOGNIZED STOCK EXCHANGE(S) : In case of an initial public offer or an issue of IDRs, the issuer or issuing company shall obtain from all the recognized […]

REGISTRATION OF DOCUMENTS : Sub-rule 4 provides that the Merchant Banker to the issue of IDRs shall deliver for registration the following documents or information to SEBI and Registrar of Companies […]

SEBI (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009 APPLICABILITY The provisions of Chapter X shall apply to an issue of Indian Depository Receipts made in terms of section 390 of the […]

PROCEDURE FOR MAKING AN ISSUE OF IDRs : Sub-rule 3 lays down the procedure for making an issue of IDRs. The issuing company shall follow the following procedure for making an […]

ELIGIBILITY FOR ISSUE OF IDRs : Sub-rule 2 stipulates that the issuing company shall not issue IDRs unless – (a) its pre-issue paid-up capital and free reserves are at least […]

RULE 13 OF THE COMPANIES (REGISTRATION OF FOREIGN COMPANIES) RULES, 2014 : These rules are applicable to those companies incorporated outside India, whether they have or have not, or will or […]

Reporting Requirements : Borrowings under ECB Framework are subject to reporting requirements in respect of the following: (i) Loan Registration Number (LRN): Any draw-down in respect of an ECB as […]