Indian Economy·Key Judgments

FPI and Portfolio Investment — Key Judgments

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Version 1Updated 5 Mar 2026

Key Judgments

Vodafone International Holdings BV vs Union of India

2012

Though primarily a tax case, this Supreme Court judgment had significant implications for FPI by clarifying the distinction between direct and indirect transfers of Indian assets.…

SEBI vs Sahara India Real Estate Corporation Ltd

2012

This case established important precedents for SEBI's regulatory authority over collective investment schemes and had implications for FPI regulation. The Supreme Court upheld…

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