TMI BlogProhibition against opening a branch office or a liaison office or a project office or any other place of business in IndiaX X X X Extracts X X X X X X X X Extracts X X X X ..... e or a project office or any other place of business) Regulations, 2016 - Act-Rules - 3. Prohibition against opening a branch office or a liaison office or a project office or any other place of business in India No person resident outside India shall without prior approval of the Reserve Bank open in India a branch office or a liaison office or a project office or any other place of busines ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nomic Zones (SEZs) to undertake manufacturing and service activities, subject to the conditions that: i) such branch offices are functioning in those sectors where 100% FDI is permitted; ii) such branch offices comply with Chapter XXII of the Companies Act, 2013 ; and iii) such branch offices function on a stand-alone basis. - - statute, statutory provisions legislation, law, enact ..... X X X X Extracts X X X X X X X X Extracts X X X X
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