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Permissible securities in IFSC: non rupee trading allowed subject to Board approval and specified trading lot size. Permissible securities for IFSC stock exchanges comprise equity shares of foreign companies, depository receipts, eligible debt securities, currency and interest rate derivatives, index based derivatives, and other securities the Board may specify; trading is permitted in currencies other than the Indian rupee and must observe a specified trading lot size, subject to prior Board approval.
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Provisions expressly mentioned in the judgment/order text.
Permissible securities in IFSC: non rupee trading allowed subject to Board approval and specified trading lot size.
Permissible securities for IFSC stock exchanges comprise equity shares of foreign companies, depository receipts, eligible debt securities, currency and interest rate derivatives, index based derivatives, and other securities the Board may specify; trading is permitted in currencies other than the Indian rupee and must observe a specified trading lot size, subject to prior Board approval.
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