Foreign investment in micro and small enterprises allowed subject to sectoral exclusions, prescribed annex limits and applicable FDI policy. A corrigendum substitutes regulation 2 to allow a Micro and Small Enterprise (including Export Oriented Units, units in Free Trade Zones, Export Processing Zones, Software Technology Parks and Electronic Hardware Technology Parks) not engaged in activities in Annex A to issue shares or convertible debentures to a person resident outside India subject to the limits in Annex B, the specified Entry Routes and the provisions of the Foreign Direct Investment Policy. An Explanation defines micro and small enterprise classifications by investment in plant and machinery for manufacturing and by investment in equipment for services.
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 investment in micro and small enterprises allowed subject to sectoral exclusions, prescribed annex limits and applicable FDI policy.
A corrigendum substitutes regulation 2 to allow a Micro and Small Enterprise (including Export Oriented Units, units in Free Trade Zones, Export Processing Zones, Software Technology Parks and Electronic Hardware Technology Parks) not engaged in activities in Annex A to issue shares or convertible debentures to a person resident outside India subject to the limits in Annex B, the specified Entry Routes and the provisions of the Foreign Direct Investment Policy. An Explanation defines micro and small enterprise classifications by investment in plant and machinery for manufacturing and by investment in equipment for services.
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