Foreign investment in commodity exchanges: government approval required only for FDI component; registered FIIs exempt. Government prior approval is required only for the FDI component in commodity exchanges; registered FIIs may invest in commodity exchanges without Government approval, with other existing composite ceiling conditions remaining unchanged. For NBFC leasing and finance activity, FDI up to 100 per cent under the automatic route remains subject to minimum capitalisation, and FDI is permitted only for financial leasing, not operating leasing.
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.
Foreign investment in commodity exchanges: government approval required only for FDI component; registered FIIs exempt.
Government prior approval is required only for the FDI component in commodity exchanges; registered FIIs may invest in commodity exchanges without Government approval, with other existing composite ceiling conditions remaining unchanged. For NBFC leasing and finance activity, FDI up to 100 per cent under the automatic route remains subject to minimum capitalisation, and FDI is permitted only for financial leasing, not operating leasing.
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