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..... ese regulations, unless the context otherwise requires a. 'Act' means the Foreign Exchange Management Act, 1999 (42 of 1999) . b. Authorised Dealer means a person authorised as an authorised dealer under sub-section (1) of Section 10 of the Act . c. 'Foreign company' means a body corporate incorporated outside India and includes a firm or other association of indiv .....

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..... but does not include a Liaison Office. 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. i. The words and expressions used but not defined in these Regulations, .....

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