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Guarantees exemptions: cross border/IFSC dealer branches, custodian IPCs for FPIs, and overseas investment guarantees excluded. Regulation 4 exempts: guarantees by an authorised dealer branch outside India or in an IFSC when no other party is resident in India; Irrevocable Payment Commitments issued by an authorised dealer as custodian bank where the principal debtor is a registered Foreign Portfolio Investor and the creditor is an authorised central counterparty in India; and guarantees given under the Foreign Exchange Management (Overseas Investment) Regulations, 2022.
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.
Guarantees exemptions: cross border/IFSC dealer branches, custodian IPCs for FPIs, and overseas investment guarantees excluded.
Regulation 4 exempts: guarantees by an authorised dealer branch outside India or in an IFSC when no other party is resident in India; Irrevocable Payment Commitments issued by an authorised dealer as custodian bank where the principal debtor is a registered Foreign Portfolio Investor and the creditor is an authorised central counterparty in India; and guarantees given under the Foreign Exchange Management (Overseas Investment) Regulations, 2022.
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