Current account treatment of overseas tournament services removed most FEMA findings, but excess EEFC remittance and delayed repatriation remained bre...
Modification of bail conditions remains available through inherent jurisdiction where onerous deposits undermine justice and cannot recover disputed d...
Merchant banker regulation consolidates registration, governance, capital, reporting, outsourcing and investor-protection requirements under an update...
The amendment revises the Infrastructure Investment Trusts framework by updating the definition of liquid assets to include units of liquid mutual fund schemes meeting prescribed credit risk and risk-class criteria, and by aligning terminology for Government Securities. It also modifies special purpose vehicle conditions: PPP-linked acquisition restrictions are carved out where concession or regulatory terms prohibit holding, SPVs remain classified as such despite concession termination subject to Board conditions, and related drafting changes are made. The regulations further relax eligible investment categories and allow deployment for other purposes specified by the Board.
The amendment revises the Infrastructure Investment Trusts framework by updating the definition of liquid assets to include units of liquid mutual fund schemes meeting prescribed credit risk and risk-class criteria, and by aligning terminology for Government Securities. It also modifies special purpose vehicle conditions: PPP-linked acquisition restrictions are carved out where concession or regulatory terms prohibit holding, SPVs remain classified as such despite concession termination subject to Board conditions, and related drafting changes are made. The regulations further relax eligible investment categories and allow deployment for other purposes specified by the Board.
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