The GDR/ADR holders have voting rights?

This query is : Resolved 

07 August 2008 Are the Non-residents who are buying the GDR/ADR issues of the Indian companies are eligible to vote? What is their status as per the Companies Act? Do they enjoy the privelage of the shareholders?

17 May 2012 GDR/ADR holders do not have voting rights.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries