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            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.

            <h1>Conversion of domestic-currency ECB into foreign-currency liability is prohibited, including via derivatives assuming forex risk.</h1> Entities availing external commercial borrowings denominated in domestic currency are prohibited from converting the resulting liability into a foreign currency liability or otherwise transferring the currency exposure, including by entering into derivative contracts or other arrangements that assume or shift foreign exchange risk.

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