Foreign investment limits in credit information companies require prior government and regulatory approvals and limit FII secondary market participation. Aggregate foreign investment in credit information companies is capped and any foreign investment up to that cap requires prior FIPB approval and RBI regulatory clearance; SEBI registered FIIs may invest only via secondary market purchases and must observe the overall foreign investment ceiling, with an additional restriction on individual FII holdings; directions issued under the Foreign Exchange Management Act and banks are to notify constituents.
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 limits in credit information companies require prior government and regulatory approvals and limit FII secondary market participation.
Aggregate foreign investment in credit information companies is capped and any foreign investment up to that cap requires prior FIPB approval and RBI regulatory clearance; SEBI registered FIIs may invest only via secondary market purchases and must observe the overall foreign investment ceiling, with an additional restriction on individual FII holdings; directions issued under the Foreign Exchange Management Act and banks are to notify constituents.
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