Sectoral Cap definition
Sectoral Cap means the maximum prescribed limits of foreign investment in the telecom sector imposed by the Government of India from time to time (which at present limits foreign direct investment to 49% of the equity share capital of any company in the telecom sector);
Sectoral Cap means the maximum investment including both foreign investment on a repatriation basis by persons resident outside India in equity and debt instruments of a company or the capital of a LLP, as the case may be, and indirect foreign investment, unless provided otherwise. This shall be the composite limit for the Indian investee entity.
Sectoral Cap means the maximum investment including both foreign investment on a repatriation basis
Examples of Sectoral Cap in a sentence
There shall be no exercise of such Subscription Option that will result in any breach of the Sectoral Cap.
In the absence of any agreement to the contrary, CGP shall alone be required to contribute to such additional capital which shall be in a form mutually agreed to in writing by the Parties and shall not be in breach of the Sectoral Cap.
More Definitions of Sectoral Cap
Sectoral Cap means the maximum prescribed limits of foreign investment imposed by the Government of Thailand from time to time in the sector(s) in which the Company is carrying on business;