Investment by an unincorporated entity under Foreign Direct Investment (FDI) Scheme

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..... Exchange Madam / Sirs, Investment by an unincorporated entity under Foreign Direct Investment (FDI) Scheme Attention of Authorised Dealers is invited to Regulation 5(1) of Notification No. FEMA 20/2000-RB dated May 3, 2000, in terms of which, besides a person resident outside India (other than a citizen of Bangladesh or Pakistan or Sri Lanka), an entity outside India, whether incorporated .....

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..... utes, laws of the host country (other than an entity in Bangladesh or Pakistan) is allowed to invest as per the amended Regulation. 4. Authorised Dealers may bring the contents of this circular to the notice of their constituents concerned. 5. The directions contained in this circular have been issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999). Y .....

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