TMI BlogForeign Investments in IndiaX X X X Extracts X X X X X X X X Extracts X X X X ..... of Security by a Person Resident Outside India) Regulations, 2000 relating to Foreign Investments in India notified vide FEMA 20/2000-RB dated May 3, 2000 as amended from time to time. 2. In terms of Regulation 5(1) of the Notification ibid, a person resident outside India (other than a citizen of Bangladesh or Pakistan or Sri Lanka) or an entity incorporated outside India (other than an entity ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eparately. 5. The direction contained in this circular has been issued under Sections 10(4) and 11(1) of the Foreign exchange Management Act, 1999(42 of 1999) and is without prejudice to permissions/approvals, if any, required under any other law. 6. Authorised Dealer Banks may bring the contents of this circular to the notice of their constituents and customers. Yours faithfully, Grace K ..... X X X X Extracts X X X X X X X X Extracts X X X X
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