Any instrument in the form of depository receipt created by a Domestic Depository in India and authorized by a company incorporated outside India…
CA Intermediate · Corporate and Other Laws · PYQS · May 2025
Any instrument in the form of depository receipt created by a Domestic Depository in India and authorized by a company incorporated outside India making an issue of such depository receipts, is called as:
Suggested Answer and Working Notes:
Correct Answer: Option (D)
Indian Depository Receipt
Topics: Companies Incorporated outside India
Related Questions in this Topic
- Galilio Ltd., a company incorporated in Germany, has established a place of business in Mumbai. Explain the relevant pro...
- Global Trade LLC is a company incorporated in the UK having a branch office in India. The company prepares its global fi...
- Akshat Limited is a company incorporated in Singapore, desires to establish a branch office at Mumbai. Advise whether th...
- Quiet Limited, a company incorporated outside India and to which provisions of Chapter XXII of the Companies Act, 2013 a...
- As per the provisions of the Companies Act, 2013, define the term "foreign company." Based on this definition, determine...