Ordinary
Shares (Through Depositary Receipt Mechanism) Scheme, 1993
(for short "FCCB Scheme") to Lehman Brothers.
6 The FCCB Scheme was notified ... ASWP(ST)19262.18.doc
The relevant clauses of the FCCB Scheme that require
consideration in the matter are reproduced below
acquisition of overseas companies and
invested its holding Part of the FCCB was utilized for the
investment in EEMF, where applicant is not director ... have not come across
any contravention of FEMA guidelines in respect of FCCB's
issued by company. Learned advocate also pointed out summary
company raised through automatic route Foreign currency convertible Bond (in short FCCB) by filing relevant application with Reserve Bank of India on Form ... thereafter, the FCCB was issued confirming to the Foreign Direct Investment Policy of the Government of India and the Reserve Bank of India also issued
Strategic Investment Agreement dated 27.07.2015;
ii) Shareholders Agreement dated 27.07.2015;
iii) FCCB Agreement dated 11.08.2015; (though the expansion has not been ... hearing and also gathered the same from the contract that 'FCCB' stands for 'Fully compulsorily Convertible Bonds'); and
iv) OFCD Agreement
loan registration
number of their Foreign Currency Convertible Bonds (hereinafter
"FCCB") amounting to USD 50 Million in light of the External
Commercial Borrowing ... hereinafter "ECB")/FCCB guidelines of the
Reserve Bank of India (hereinafter "RBI").
5. In furtherance of the aforesaid letter, PIL submitted
loan registration
number of their Foreign Currency Convertible Bonds (hereinafter
"FCCB") amounting to USD 50 Million in light of the External
Commercial Borrowing ... hereinafter "ECB")/FCCB guidelines of the
Reserve Bank of India (hereinafter "RBI").
5. In furtherance of the aforesaid letter, PIL submitted
which was the
stand taken by the Revenue.
1
Tribunal
2
FCCB
ITA 222/2023 Page 1 of 11
This is a digitally signed order ... assessee in terms of automatic
route repurchased FCCB of the value of US$ 19.50 million
(Rs.92,91,10,000/ - rupee equivalent at prevailing exchange
case, Hon'ble
ITAT has justified in deleting the addition of FCCB proceeds ... case, Hon'ble ITAT
has justified in deleting the addition of FCCB proceeds of
Rs.1304
Sumer Singh Alias Sumer Kumar vs Fccb And Another on 7 July, 2025
Invalid input: digits only
1102/2006 Page 6
PLL plans $ 100 million FCCB: ADB bailout in case of redemption pressure
"May 2 : The management of Petronet ... company. The management had
mooted a $ 100- million foreign currency convertible bond (FCCB) issue to plug
the financing gap but there were differing views - within
