Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Amendment in Foreign Currency Convertible Bonds and Ordinary Shares (Through Depositary Receipt Mechanism) Scheme, 1993

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... sm) Scheme, 1993 , namely: 1. This Scheme may be called the issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through Depositary Receipt Mechanism) (Amendment) Scheme, 2013. 2. The Scheme shall be deemed to have come into force from the date of publication of Notification; and 3. In the " Foreign Currency Convertible Bonds and Ordinary Shares (Through Depositary Receipt Mecha .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... h SEBI's disclosure requirements in addition to that of the primary exchange prior to the listing abroad; c. While raising resources abroad, the listing company shall be fully compliant with the FDI Policy in force; d. capital raised abroad may be utilised for retiring outstanding overseas debt or for operations abroad including for acquisitions; e. In case the funds raised are not utilised .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates