Clarification in relation to the permissible activities specified under the ‘Framework for Ship Leasing’

IFSCA on April 02, 2024 has issued Clarification in relation to the permissible activities specified under the ‘Framework for Ship Leasing’. A lessor, which has obtained a Certificate of Registration may undertake the permissible activities specified in SL Framework subject to the condition that Lessor has absolute or lease hold right over the ship/ocean vessel.

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