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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>New Guidelines Prohibit Refinancing Rupee-Denominated ECBs with Foreign Currency ECBs under FEMA as of June 2023.</h1> Refinancing an existing Rupee denominated External Commercial Borrowing (ECB) with a new Foreign Currency denominated ECB is not allowed as per the guidelines effective June 26, 2023, under the Foreign Exchange Management Act (FEMA).

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