Debt equity ratio for housing finance companies under buy back rules to be specified by the national regulator in consultation. The amendment inserts a provision empowering the National Housing Bank, as regulator, to specify the debt equity ratio for housing finance companies for the purposes of the buy back rules, to be determined in consultation with the Central Government; the rule takes effect on publication in the Official Gazette and is added to Schedule II of the Buy back Rules, 1999.
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.
Debt equity ratio for housing finance companies under buy back rules to be specified by the national regulator in consultation.
The amendment inserts a provision empowering the National Housing Bank, as regulator, to specify the debt equity ratio for housing finance companies for the purposes of the buy back rules, to be determined in consultation with the Central Government; the rule takes effect on publication in the Official Gazette and is added to Schedule II of the Buy back Rules, 1999.
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