Foreign Security defined as instruments in foreign currency, including shares and bonds, even if returns are payable in Indian currency. Definition of Foreign Security: any security in the form of shares, stocks, bonds, debentures or other instruments denominated or expressed in foreign currency, including securities expressed in foreign currency, with attention to instances where redemption or returns such as interest or dividends are payable in Indian currency.
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.
Foreign Security defined as instruments in foreign currency, including shares and bonds, even if returns are payable in Indian currency.
Definition of Foreign Security: any security in the form of shares, stocks, bonds, debentures or other instruments denominated or expressed in foreign currency, including securities expressed in foreign currency, with attention to instances where redemption or returns such as interest or dividends are payable in Indian currency.
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