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The Companies Act, 2013

Chapter III - Prospectus and Allotment of Securities (23-42)

Section 41- Global Depository Receipt.

[Notification Date: 26.03.2014; Effective from: 01.04.2014]

Section 41- Global Depository Receipt. [New Provision];[Relevant Rule: The Companies (Issue of Global Depository Receipts) Rules, 2014]

A company may, after passing a special resolution in its general meeting, issue depository receipts in any foreign country in such manner, and subject to such conditions, as may be prescribed - [The Companies (Issue of Global Depository Receipts) Rules, 2014].