Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
Monitoring of foreign investment limits: automated red-flag alerts and mandated proportionate divestment to restore compliance. An integrated depository-hosted monitoring system requires each listed company to appoint a Designated Depository and maintain a Company Master recording identifiers, sectoral caps, permissible aggregate FPI and NRI limits and direct and indirect foreign holdings; custodians and Authorized Dealer banks will report trades to depositories, which will compute end-of-day holdings, activate a red flag when available headroom reaches the prescribed threshold, publish available headroom, and on breach instruct proportionate disinvestment to be effected to domestic investors within a specified settlement-linked trading period.
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.
Monitoring of foreign investment limits: automated red-flag alerts and mandated proportionate divestment to restore compliance.
An integrated depository-hosted monitoring system requires each listed company to appoint a Designated Depository and maintain a Company Master recording identifiers, sectoral caps, permissible aggregate FPI and NRI limits and direct and indirect foreign holdings; custodians and Authorized Dealer banks will report trades to depositories, which will compute end-of-day holdings, activate a red flag when available headroom reaches the prescribed threshold, publish available headroom, and on breach instruct proportionate disinvestment to be effected to domestic investors within a specified settlement-linked trading period.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.