EPCG authorization extension where CDR relief is granted, providing additional export obligation time without composition fee. EPCG authorization holders granted relief under Corporate Debt Restructuring may be allowed an additional Export Obligation extension of three years from the date of CDR approval; this extension will not attract any composition fee and is in addition to, and not in lieu of, any EO extension otherwise available under the policy framework.
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.
EPCG authorization extension where CDR relief is granted, providing additional export obligation time without composition fee.
EPCG authorization holders granted relief under Corporate Debt Restructuring may be allowed an additional Export Obligation extension of three years from the date of CDR approval; this extension will not attract any composition fee and is in addition to, and not in lieu of, any EO extension otherwise available under the policy framework.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.