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.
A two-digit number when divided by the sum of its digits gives quotient 5 and remainder 2. If the digits differ by 1, find the number.
If the digits of a two-digit number are reversed, the resulting number is 36 less than twice the original number. If the sum of the digits is 9, what is...
What is the place value of 3 in 3678921410.
1. 3 ×104
2. 3 ×107
3. 3 ×105
4. 3 ×109
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A number 'N' when divided by 14 leaves 7 as remainder. If 5N² is divided by 14, then find the remainder.
Raj scored 140 marks in a test getting 3 marks for each right answer and losing 1 mark for each wrong answer, had 4 marks been awarded for each correct...
The cost of 3 notebooks and 2 erasers is Rs.47, and the cost of 5 notebooks and 4 erasers is Rs.83. What is the total price (in Rs) of 2 notebooks and 3...
Which of the following is a rational number?
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- What number should be subtracted from both 36 and 28 so that the resulting numbers are in the ratio of 7:5?