https://www.taxtmi.com/news?id=12242 Permission to include optionality clauses in instruments issued to non residents for Foreign Direct Investment is now allowed, subject to a specified minimum lock in period and prohibition on any assured return. Previously only equity shares and compulsorily or mandatorily convertible preference shares or debentures were eligible and were not permitted to contain optionality. en-us Fri, 10 Jan 2014 09:28:37 +0530 Fri, 10 Jan 2014 09:28:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12242 Permission to include optionality clauses in instruments issued to non residents for Foreign Direct Investment is now allowed, subject to a specified minimum lock in period and prohibition on any assured return. Previously only equity shares and compulsorily or mandatorily convertible preference shares or debentures were eligible and were not permitted to contain optionality. News - Fri, 10 Jan 2014 09:28:37 +0530 https://www.taxtmi.com/news?id=12242