The market regulator, SEBI has issued clarification on framework for issue of Depository Receipts wherein it has specified that Permissible holder means a holder of DR, including its Beneficial Owner(s), satisfying the conditions such as he is not a person resident in India and Non-Resident Indian (NRI).The market regulator, SEBI has issued clarification on framework for issue of Depository Receipts wherein it has specified that Permissible holder means a holder of DR, including its Beneficial Owner(s), satisfying the conditions such as he is not a person resident in India and Non-Resident Indian (NRI).taxmann.com Latest Statutory HappeningsRead More