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          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

          Provisions expressly mentioned in the judgment/order text.

          <h1>Acquisition of right shares permits non-residents to buy rights subject to foreign equity limits, pricing and repatriation rules.</h1> Non-residents may buy equity, preference shares or convertible debentures on rights basis if the offer does not increase foreign equity beyond approved or permissible levels, existing non-resident shareholders' applications keep overall foreign holding within the sectoral cap, and the rights relate to original securities held in compliance with the Regulations. Listed-company rights may be priced by the company; unlisted-company rights to non-residents must not be priced below the resident offer. Rights remain subject to the same conditions including repatriability, with prescribed inward remittance or eligible account debits for payment.

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