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Clarification on "Indian Party", FEMA

Issue Id: - 111159
Dated: 25-11-2016
By:- Khushi Khatwani

Clarification on "Indian Party"


  • Contents

The definition of the term "Indian Party" does not include individuals.

So, are the Obligations of Indian Party also mandatory for individuals?

Also, what are the restrictions on an individual investing in JV/WOS abroad?

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Showing Replies 1 to 3 of 3 Records

Page: 1


1 Dated: 25-11-2016
By:- MARIAPPAN GOVINDARAJAN

May I know from which Act/rules/Regulation you refer the term 'Indian Party'?


2 Dated: 25-11-2016
By:- Khushi Khatwani

3 Dated: 26-11-2016
By:- MARIAPPAN GOVINDARAJAN

To the best of my knowledge there is no definition 'Indian Party' in FEMA.


Page: 1

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