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Union of India Versus ABN Amro Bank and others

FDI - foreign investment for Service Sector - Nature and business of the company - whether the company was a trading company and also whether it was primarily engaged in export for availing of the automatic route - Held that - If a new trading company indulging in export primarily also will have to make an application to the RBI for automatic approval for foreign investment upto 51 foreign equity and the thrust would be on export activities. - Registration of the company as an exporter / importe....... + More

 

 

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Union of India Versus ABN Amro Bank and others

 

 

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