Declaring “onshore rupee bonds” issued by multilateral institutions like the Asian Development Bank and the International Finance Corporation as ‘securities’ within the meaning of sub-section (h) of Section 2 of the Securities Contracts (Regulation) Act, 1956.
No: 1548 Dated: Aug, 01 2014
In exercise of the powers conferred under clause (iia) of sub-section (h) of Section 2 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956)