SEBI vide its circular SEBI / IMD / CIR No. 1/ 165935 / 2009 dated June 9, 2009 has clarified that mutual funds can invest in Indian Depository Receipts.
Curbing Merchant Bankers
3 weeks ago
Going forward, I will be writing blog posts on various interesting topics concerning the compliances to be undertaken by companies in India (under the Companies Act, 2013, SEBI/RBI rules/regulations etc.). I will analyze these topics mostly in the context of practical implications/issues faced by companies while undertaking such compliances.
SEBI vide its circular SEBI / IMD / CIR No. 1/ 165935 / 2009 dated June 9, 2009 has clarified that mutual funds can invest in Indian Depository Receipts.
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