Valuation of foreign currency claims: convert to local currency at the official exchange rate on liquidation commencement date. Claims denominated in foreign currency must be converted into Indian currency using the official exchange rate as on the liquidation commencement date, where the official exchange rate is the reference rate published by the central banking authority or derived from such reference rates.
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Valuation of foreign currency claims: convert to local currency at the official exchange rate on liquidation commencement date.
Claims denominated in foreign currency must be converted into Indian currency using the official exchange rate as on the liquidation commencement date, where the official exchange rate is the reference rate published by the central banking authority or derived from such reference rates.
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