The Ministry of Corporate Affairs ( MCA ) has published a notification where the meaning of foreign depository receipts shall extend to “overseas depository” or “overseas depository bank”. The Notification also renames the Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) Scheme, 1993 as Depository Receipts Scheme,2014 The notification also states that […]
The post MCA notifies changes in Companies (Issue of Global Depository Receipts) Rules [Read Notification] appeared first on Taxscan | Simplifying Tax Laws.
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