Allocation of corporate debt investment limits to FIIs through bidding and FCFS processes with procedural caps. Corporate debt investment limits for FIIs are allocated by a two-track mechanism: a modified competitive bidding process with per-entity caps and minimum bid and tick sizes, and an FCFS electronic allocation of residual limits subject to a lower per-entity ceiling. FCFS requests must be emailed to the designated address within the specified window and any FCFS-allocated limit must be utilized within a defined utilization period; custodians must inform their FII clients and follow the prescribed application format.
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.
Allocation of corporate debt investment limits to FIIs through bidding and FCFS processes with procedural caps.
Corporate debt investment limits for FIIs are allocated by a two-track mechanism: a modified competitive bidding process with per-entity caps and minimum bid and tick sizes, and an FCFS electronic allocation of residual limits subject to a lower per-entity ceiling. FCFS requests must be emailed to the designated address within the specified window and any FCFS-allocated limit must be utilized within a defined utilization period; custodians must inform their FII clients and follow the prescribed application format.
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