Cross-border margin lending allowed for non-resident settlement of government securities, subject to regulatory terms and conditions. An authorized dealer in India may lend to a person resident outside India to make margin payments for settlement of transactions in Government Securities, subject to such terms and conditions as may be specified; 'Government Security' carries the meaning assigned in the Government Securities Act, 2006 and 'securities' is to be construed accordingly.
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.
Cross-border margin lending allowed for non-resident settlement of government securities, subject to regulatory terms and conditions.
An authorized dealer in India may lend to a person resident outside India to make margin payments for settlement of transactions in Government Securities, subject to such terms and conditions as may be specified; "Government Security" carries the meaning assigned in the Government Securities Act, 2006 and "securities" is to be construed accordingly.
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