Clarification on Indian Party

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..... Clarification on Indian Party
Query (Issue) Started By: - Khushi Khatwani Dated:- 25-11-2016 Last Reply Date:- 26-11-2016 FEMA
Got 3 Replies
FEMA
The definition of the term "Indian P .....

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..... arty" does not include individuals. So, are the Obligations of Indian Party also mandatory for individuals? Also, what are the restrictions on an individual investing in JV/WOS abroad? Reply B .....

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..... y MARIAPPAN GOVINDARAJAN: The Reply: May I know from which Act/rules/Regulation you refer the term 'Indian Party'? Reply By Khushi Khatwani: The Reply: Foreign Exchange Management Act, 1999 .....

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..... Reply By MARIAPPAN GOVINDARAJAN: The Reply: To the best of my knowledge there is no definition 'Indian Party' in FEMA.
Discussion Forum - Knowledge Sharing .....

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