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Prohibited activities for investment by a person resident outside India

Regulation 15 - Regulation - Regulations - Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2017 - Regulation 15 - 15. Unless otherwise specifically stated in the Act or the rules or regulati .....

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of Chits or an officer authorised by the state government in this behalf, may, in consultation with the State Government concerned, permit any chit fund to accept subscription from Non-resident Indians and Oveseas Citizens of India who shall be eligi .....

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Rights (TDRs) (6) Real Estate Business or Construction of Farm Houses. Explanation: For the purpose of this regulation, real estate business shall not include development of townships, construction of residential /commercial premises, roads or bridge .....

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