Question
Which of the following statements correctly describes
the meaning of Indian Depository Receipt (IDR)?Solution
Indian Depository Receipt (IDR) is a financial instrument denominated in Indian Rupees in the form of a depository receipt. The IDR is a specific Indian version of the similar global depository receipts (GDR) It is created by a Domestic Depository (custodian of securities registered with the SEBI) against the underlying equity of issuing company to enable foreign companies to raise funds from the Indian securities Markets. The foreign company IDRs will deposit shares to an Indian depository. The depository would issue receipts to Indian investors against these shares. The benefit of the underlying shares (like bonus, dividends etc.) would accrue to the depository receipt holders in India.
 The Hon’ble Supreme Court of India has held in the case of _______ that sale of immovable property through GPA is not valid.
Dramatic work under Copyright Act 1957 does not include
 A company may issue fully paid-up bonus shares to its members out of _______________
Every appeal under Section 34 (1) of the Maharashtra Rent Control Act shall be made within:Â
In matters other than International Commercial Arbitration, the time limit for making an arbitral award is-
Section 114 of C.P.C. should be read with
__________ is a state in which a company’s liabilities are more than its assets so that is unable to repay its debts
Which of the following is a necessary condition in case computer output can be treated as an electronic record as per s.65 B of Indian Evidence Act, 1872?
The age limit for driving a vehicle in a public place is?
For the enforcement of Fundamental Rights, the Supreme Court may issue a/anÂ