Which matter do IDR rules cover?
AFixing the dividend payable
BAppointment of its auditors
CDealing with IDRs via custodians
DClosing its Indian bank accounts
Answer & Solution
Correct answer: C. Dealing with IDRs via custodians
Clause (c) of section 390 lets the rules govern how IDRs are dealt with in depository mode and by custodians and underwriters.
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