The Board of Directors of a company intended to issue Global Depository Receipts GDR can issue ...........

Companies Act-Phase (I & II) Prospectus

Download Solution PDF

The Board of Directors of a company intended to issue Global Depository Receipts(GDR) can issue with prior approval of:

Shareholders by special resolution in general meeting

Shareholders by ordinary resolution in general meeting

Managing Director of the company

Registrar of Companies (ROC)

None of the above

छोटे Courses बड़े Results

Master Prospectus

Prepare through Micro-courses

Try Now

Explanation:

As per section 41 of Companies Act,2013 read with Companies (Issue of Global Depository Receipts) Rules, 2014, if Board of Directors of a company intended to issue Global Depository Receipts(GDR) can issue with prior approval of Shareholders by special resolution in general meeting.