Indian depository receipts definition

Indian depository receipts means Indian depository receipts as defined in sub- section(48) of section 2 of the Companies Act, 2013;
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Examples of Indian depository receipts in a sentence

  • These shares are held in trust by a foreign custodian bank against which a domestic custodian bank issues an instrument called Indian depository receipts (IDR), denominated in `.

  • India has taken steps to facilitate investment in Indian depository receipts by foreign institutional investors and mutual funds.

  • The actual shares underlying the IDRs would be held by an Overseas Custodian, which shall authorize the Indian Depository to issue the IDRs. Standard Chartered PLC became the first global company to file for an issue of Indian depository receipts in India.The following are the features of IDRs:1.

  • AccreditationFollowing talks with the Netherlands Institute for Accreditation in Health Care (NIAZ) Maasstad Hospital decided in 2010 not to continue with preparations for accredita-tion according to the NIAZ standards.

  • Obligations of Listed entity which has listed its Indian depository receipts.

  • Every entity which has listed its equity shares, Convertible Securities, non-convertible debt securities, non-convertible redeemable preference shares, perpetual debt instrument, perpetual non-cumulative preference shares, Indian depository receipts, securitised debt instruments, security receipts, units issued by mutual funds on a recognised stock exchange(s).

  • An owner or oper- ator with an approved post-closure plan must submit the modified plan no § 265.118later than 60 days of the request from the Regional Administrator.

  • Online approval system for issuing Indian depository receipts (IDRs).

  • If the motion passes, the Dais will call on delegates to speak at his or her discretion for the stipulated time.

  • The changes are intended to realign the takeover norms with mar- ket developments and to bring various pieces of legislation governing Indian capital markets in line with each other.One proposal is to allow “anchor investors” for Indian depository receipts (IDRs).

Related to Indian depository receipts

  • Depository The Depository Trust Company, or any successor Depository hereafter named. The nominee of the initial Depository for purposes of registering those Certificates that are to be Book-Entry Certificates is Cede & Co. The Depository shall at all times be a "clearing corporation" as defined in Section 8-102(a)(5) of the Uniform Commercial Code of the State of New York and a "clearing agency" registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934, as amended.

  • Securities Depository Nominee means, as to any Securities Depository, such Securities Depository or the nominee of such Securities Depository in whose name there shall be registered on the registration books maintained by the Registrar the Bond certificates to be delivered to and immobilized at such Securities Depository during the continuation with such Securities Depository of participation in its book-entry system.

  • Note Depository Agreement means the agreement, dated as of the Closing Date, between the Issuer and DTC, as the initial Clearing Agency relating to the Notes, as the same may be amended or supplemented from time to time.

  • Securities Depository means The Depository Trust Company and any other clearing agency registered with the SEC under Section 17A of the Securities Exchange Act of 1934, as amended (the “1934 Act”), which acts as a system for the central handling of Securities where all Securities of any particular class or series of an issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery of the Securities.

  • Common Depositary has the meaning specified in Section 304.