Question
a.
Obtaining approval from the Ministry of Finance
b.
Passing a resolution by the Board of Directors
c.
Approval from the Reserve Bank of India (RBI)
d.
Special resolution passed under Section 62 for the issue of shares underlying the depository receipts
Posted under IC 89 Management Accounting
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Q. What condition is deemed to be satisfied under Section 41 for issuing depository receipts?
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