Question

Who can oversee all the compliances relating to the issue of depository receipts, according to the rules?

a.

Any company executive

b.

Any shareholder of the company

c.

Merchant banker, practicing Chartered Accountant, practicing Cost Accountant, or practicing Company Secretary

d.

Reserve Bank of India (RBI)

Answer: (c).Merchant banker, practicing Chartered Accountant, practicing Cost Accountant, or practicing Company Secretary Explanation:A merchant banker, practicing Chartered Accountant, practicing Cost Accountant, or practicing Company Secretary can oversee all compliances relating to the issue of depository receipts.

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Q. Who can oversee all the compliances relating to the issue of depository receipts, according to the rules?

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