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..... eans the Foreign Exchange Management Act, 1999 ( 42 of 1999); 3 [(aa) authorised dealer means a person authorised as an authorised dealer under sub-section (1) of Section 10 of the Act.] (b) 'foreign company' means a body corporate incorporated outside India, and includes a firm or other association of individuals; (c) 'Branch' shall have the meaning .....

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..... fice established at the site of a project but does not include a Liaison Office; 1 (h) 'Stand alone basis' means such branch offices would be isolated and restricted to the Special Economic Zone alone and no business activity/ transaction will be allowed outside the Special Economic Zones in India which includes branches/subsidiaries of its parent office in India. 2 .....

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