Foreign Currency Exchangeable Bonds scheme enables Indian companies to issue such bonds under a notified central government framework. The Central Government notifies the Issue of Foreign Currency Exchangeable Bonds Scheme, 2008 to facilitate issuance of foreign currency exchangeable bonds by Indian companies, with the scheme commencing on the date of its notification in the Official Gazette and promulgated by the Ministry of Finance (Department of Economic Affairs).
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Provisions expressly mentioned in the judgment/order text.
Foreign Currency Exchangeable Bonds scheme enables Indian companies to issue such bonds under a notified central government framework.
The Central Government notifies the Issue of Foreign Currency Exchangeable Bonds Scheme, 2008 to facilitate issuance of foreign currency exchangeable bonds by Indian companies, with the scheme commencing on the date of its notification in the Official Gazette and promulgated by the Ministry of Finance (Department of Economic Affairs).
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