Foreign investment in commodity exchanges permitted under a composite FDI/FII ceiling with government approval and ownership limits. Permits foreign investment in commodity exchanges via a composite ceiling combining foreign direct investment and registered FII portfolio investment, subject to recognition under the Forward Contracts (Regulation) Act. Aggregate foreign investment is capped under the composite ceiling, FDI requires prior government approval, FII purchases are limited to the secondary market, and no foreign investor or persons acting in concert may exceed a prescribed low-percentage equity holding.
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 permitted under a composite FDI/FII ceiling with government approval and ownership limits.
Permits foreign investment in commodity exchanges via a composite ceiling combining foreign direct investment and registered FII portfolio investment, subject to recognition under the Forward Contracts (Regulation) Act. Aggregate foreign investment is capped under the composite ceiling, FDI requires prior government approval, FII purchases are limited to the secondary market, and no foreign investor or persons acting in concert may exceed a prescribed low-percentage equity holding.
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