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GDR Rules Rule 3
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The Companies (Issue of Global Depository Receipts) Rules, 2014

Rule 3 Eligibility to issue depository receipts

Chapter
I · Issue of Depository Receipts
A company may issue depository receipts provided it is eligible to do so in terms of the SchemeDefined in rule 2(c): Scheme means the 2[Depository Receipts Scheme, 2014] or any modification or re enactment thereof; (2) The Words and expressions used in these rules but not defined and defined in the Act or in the Companies (Specification of definitions details) Rules, 2014 or in the 2[Depository Receipts Scheme, 2014] shall have th... and relevant provisions of the Foreign Exchange Management Rules and Regulations.