Foreign investment limits in commodity exchanges require mandated divestment to meet composite ceilings with a compliance deadline. Commodity exchanges holding foreign investment above the prescribed composite ceiling must divest foreign equity equal to the excess and adhere to allocated sub-limits for portfolio and FDI holdings. Exchanges are required to submit a compliance report with foreign investment and equity-structure details to specified government and regulatory bodies by the end of the transition period, and non-compliance after the deadline constitutes a violation under the foreign exchange regulatory framework.
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Provisions expressly mentioned in the judgment/order text.
Foreign investment limits in commodity exchanges require mandated divestment to meet composite ceilings with a compliance deadline.
Commodity exchanges holding foreign investment above the prescribed composite ceiling must divest foreign equity equal to the excess and adhere to allocated sub-limits for portfolio and FDI holdings. Exchanges are required to submit a compliance report with foreign investment and equity-structure details to specified government and regulatory bodies by the end of the transition period, and non-compliance after the deadline constitutes a violation under the foreign exchange regulatory framework.
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