GDR Rules Notification dated 31.03.2014

The Companies (Issue of Global Depository Receipts) Rules, 2014

Issue of depository receipts in a foreign country against underlying shares, the conditions and approvals required, the voting rights attaching to them, the proceeds of issue, and the register of depository receipt holders.

9 Rules

31.03.2014 Notified

41 Section

Notification dated 31.03.2014 Enacted 31 March 2014 Enforced 01 April 2014 Ministry of Corporate Affairs

Made under

The Companies Act, 2013 Chapter III

s. 41 s. 469

9 rules

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Preamble

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, namely:-

Chapter I

Issue of Depository Receipts

9 rules

R. 1 Short title and commencement

Rule 1 of the GDR Rules: Short title and commencement

R. 2 Definitions

Rule 2 of the GDR Rules: Definitions

R. 3 Eligibility to issue depository receipts

Rule 3 of the GDR Rules: Eligibility to issue depository receipts

R. 4 Conditions for issue of depository receipts

Rule 4 of the GDR Rules: Conditions for issue of depository receipts

R. 5 Manner and form of depository receipts

Rule 5 of the GDR Rules: Manner and form of depository receipts

R. 6 Voting rights

Rule 6 of the GDR Rules: Voting rights

R. 7 Proceeds of issue

Rule 7 of the GDR Rules: Proceeds of issue

R. 8 Depository receipts prior to commencement

Rule 8 of the GDR Rules: Depository receipts prior to commencement

R. 9 Non applicability of certain provisions of the Act

Rule 9 of the GDR Rules: Non applicability of certain provisions of the Act

The Companies (Issue of Global Depository Receipts) Rules, 2014

Preamble

Issue of Depository Receipts

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