FPI transaction scope expanded to include corporate bond trading and electronic book platform transactions through primary and secondary markets. The amendment revises eligible instruments to the specific term Shares and clarifies that trading in India occurs through primary and secondary markets; it adds permitted transactions for Category I and Category II FPIs to include corporate bonds as specified by the Board and transactions on the electronic book provider platform of recognized stock exchanges, with consequent renumbering of subclauses.
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.
FPI transaction scope expanded to include corporate bond trading and electronic book platform transactions through primary and secondary markets.
The amendment revises eligible instruments to the specific term Shares and clarifies that trading in India occurs through primary and secondary markets; it adds permitted transactions for Category I and Category II FPIs to include corporate bonds as specified by the Board and transactions on the electronic book provider platform of recognized stock exchanges, with consequent renumbering of subclauses.
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