FDI by Citizen/Entity incorporated in Bangladesh

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..... rised Dealer (AD Category - I) banks is invited to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified vide Notification No. FEMA 20 / 2000 -RB dated May 3, 2000 and as amended from time to time. 2. In terms of sub-regulation (1) of Regulation 5 of the Notification ibid, a person resident outside India (other than a c .....

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..... pecified in Schedule 1 to Notification No. FEMA 20 / 2000 -RB dated May 3, 2000 as amended from time to time. 4. AD Category - I banks may bring the contents of the circular to the notice of their customers and 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) and a .....

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