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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>Foreign exchange borrowing rules: automatic route limits, eligible borrowers and specified end use and maturity controls govern external borrowings.</h1> Schedule I authorises foreign exchange borrowings under the Automatic Route subject to prescribed eligibility (companies excluding financial intermediaries; certain NGOs/MFIs; other RBI specified entities), annual per borrower ceilings and lower NGO/MFI limits, specified lender categories, and narrowly defined permissible end uses including real/industrial and defined infrastructure sectors, disinvestment participation and outbound JV/WOS investment. Borrowings must meet minimum average maturities, comply with RBI prescribed all in cost ceilings, security and guarantee restrictions, loan registration, drawdown, reporting and debt servicing procedures; RBI may vary any parameter and permit specified refinancing or bridge finance under stated conditions.

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