Public financial institution designation requires corporate form and predominant industrial or infrastructure financing for government notification. Entities seeking declaration as a public financial institution under section 4A must be established under a Central Act or the Companies Act, have industrial or infrastructure financing as their principal business with financial statements showing predominant income from that activity, meet a prescribed net worth threshold, or be registered as an Infrastructure Finance Company or Housing Finance Company with the appropriate regulator; CPSUs and SPSUs are exempt from sectoral financing and net worth restrictions.
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.
Public financial institution designation requires corporate form and predominant industrial or infrastructure financing for government notification.
Entities seeking declaration as a public financial institution under section 4A must be established under a Central Act or the Companies Act, have industrial or infrastructure financing as their principal business with financial statements showing predominant income from that activity, meet a prescribed net worth threshold, or be registered as an Infrastructure Finance Company or Housing Finance Company with the appropriate regulator; CPSUs and SPSUs are exempt from sectoral financing and net worth restrictions.
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