Hedging permissions allow residents and non-residents simplified hedge transactions for qualifying exchange rate exposures under regulatory directions. The amendment permits resident entities with foreign currency exposures and non-resident entities with rupee exposures, excluding individuals, to hedge underlying exchange rate risk arising from transactions permitted under the foreign exchange regulatory framework, subject to simplified procedures and terms as specified in directions issued by the regulatory 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.
Hedging permissions allow residents and non-residents simplified hedge transactions for qualifying exchange rate exposures under regulatory directions.
The amendment permits resident entities with foreign currency exposures and non-resident entities with rupee exposures, excluding individuals, to hedge underlying exchange rate risk arising from transactions permitted under the foreign exchange regulatory framework, subject to simplified procedures and terms as specified in directions issued by the regulatory authority.
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