Infrastructure Debt Fund rules require IDFs to be NBFCs and restrict investments to operational infrastructure projects. IDFs must be set up as Non-Banking Financial Companies conforming to the RBI's Infrastructure-Debt Fund NBFC Directions; their funds may be invested only in Post Commencement Operation Date infrastructure projects with at least one year of satisfactory commercial operations, including PPP projects under a tripartite agreement ensuring compulsory buyout and termination payment, and non-PPP or public projects in sectors without a project authority.
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.
Infrastructure Debt Fund rules require IDFs to be NBFCs and restrict investments to operational infrastructure projects.
IDFs must be set up as Non-Banking Financial Companies conforming to the RBI's Infrastructure-Debt Fund NBFC Directions; their funds may be invested only in Post Commencement Operation Date infrastructure projects with at least one year of satisfactory commercial operations, including PPP projects under a tripartite agreement ensuring compulsory buyout and termination payment, and non-PPP or public projects in sectors without a project authority.
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