List the instruments included as Non-Debt instruments under Foreign Direct Investment- Regulation and Policy.

CS Executive · Economic, Business and Commercial Laws · PYQS · December 2023
List the instruments included as Non-Debt instruments under Foreign Direct Investment- Regulation and Policy.

Answer & Explanation:

Non-Debt Instruments means the following instruments namely: All investments in equity instruments in incorporated entities: public, private, listed, unlisted; Capital participation in LLP; All instruments of investment recognised in the FDI policy notified from time to time; Investment in units of Alternative Investment Fund (AIFs), Real Estate Investment Trust (REITs) and Infrastructure Investment Trust; Investment in units of Mutual funds or Exchange Traded Funds (ETFs) which invest more than fifty per cent in equity; Junior-most layer (i.e., equity tranche) of securitisation structure; Acquisition, sale or dealing directly in immovable property; Contribution to trusts; and Depository receipts issued against equity instruments.

Topics: Foreign Exchange Management Act (FEMA)

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