Issuer definition expanded to include Indian foreign currency raisers, qualifying foreign issuers, and supranational issuers. The amended issuer definition in the SEBI (IFSC) Guidelines covers: (i) Indian entities raising capital in foreign currency with requisite FEMA or exchange control approvals; (ii) foreign incorporated entities permitted by their home laws or constitutional documents to issue securities outside their country of incorporation or place of business; and (iii) supranational, multilateral or statutory organizations/institutions/agencies permitted by their constitutions to issue securities.
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.
Issuer definition expanded to include Indian foreign currency raisers, qualifying foreign issuers, and supranational issuers.
The amended issuer definition in the SEBI (IFSC) Guidelines covers: (i) Indian entities raising capital in foreign currency with requisite FEMA or exchange control approvals; (ii) foreign incorporated entities permitted by their home laws or constitutional documents to issue securities outside their country of incorporation or place of business; and (iii) supranational, multilateral or statutory organizations/institutions/agencies permitted by their constitutions to issue securities.
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