Question
Which section allows certain classes of public companies
to list their securities on permitted stock exchanges in permissible foreign jurisdictions or such other jurisdictions, as may be prescribed?Solution
The government has permitted Indian companies to list on foreign exchanges, subject to certain conditions. Currently, overseas listings by local listed entities are carried out through American Depository Receipts (ADRs) and Global Depository Receipts (GDRs). The corporate affairs ministry has notified the relevant section under the companies law in this regard.Section 5 allows certain classes of public companies to list their securities on permitted stock exchanges in permissible foreign jurisdictions or such other jurisdictions, as may be prescribed.
Select the most appropriate indirect form of the given sentence.
I said to my friend, “Please help me arrange these books on the shelf.”
Select the correct indirect form of the given sentence.
You said to me, “I slept well last night.”
My father said to me, "Don't talk to your mother like that."
Sumit said, “I will be leaving for London this summer so I can meet you only when I return.”
Manoj said to his friend, "I am very angry with you."
Select the option that expresses the given sentence in reported speech.
Raghav said to Meera, “Are you upset with me?”
Ram said,"Are you really serious about becoming a pilot, son?"
"Well ,well," He said. "A strange man!"
Select the most appropriate indirect/direct form of the given sentence.
The teacher said, “The class has been scheduled for tomorrow.”
The speeding car knocked down the pedestrian.
