Sec605A - Offerof Indian Depository Receipts
Notwithstanding anything contained in any other law for the time being in force, the Central Government may make rules applicable for —
the offer of Indian Depository Receipts;
the requirement of disclosures in prospectus or letter of offer issued in connection with Indian Depository Receipts;
the manner in which the Indian Depository receipts shall be dealt in a depository mode and by custodian and underwriters;
the manner of sale, transfer or transmission of Indian Depository Receipts.
by a company incorporated, or to be incorporated outside India, whether the company has or has not been established, or will or will not establish any place of business in India.