Status of a Holder of Global Depository Receipts (GDRs) Classification regarding

Information Type: Legislative Information
Subject: Corporate Law
Statutes / Acts: Companies Act, 1956
Circular No: 1/2009
File No: 17/67/2009 CL-V
Circular Date: 2009-06-16
Ministry: Ministry of Corporate Affairs
Circular State: Central
Case Note / Description :

Status of a Holder of Global Depository Receipts (GDRs) Classification regarding in this a question was arisen whether a non-resident holder of global depository members is receipt of the issuing company within the meaning of section 41 & 42 of companies act, 1956

 
 
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