TMI BlogDefinitionsX X X X Extracts X X X X X X X X Extracts X X X X ..... sub-section (1) of section 10 of the Act; iii) EEFC Account , RFC Account shall have the same meaning as assigned to them respectively in the Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015 , as amended from time to time; iv) External Commercial Borrowings (ECB) means borrowing by an eligible resident entity from outside In ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o them respectively in the Foreign Exchange Management (Deposit) Regulations, 2016, as amended from time to time; ix) Housing Finance Institution and National Housing Bank shall have the same meaning as assigned to them in the National Housing Bank Act, 1987, as amended from time to time; x) Indian Entity means a company incorporated in India under the Companies Act, 2013 , as a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s part of new project/modernisation or expansion of existing units or any activity under infrastructure subsectors as given in the Harmonised Master List of Infrastructure sub-sectors approved by the Government of India vide Notification F. No. 13/06/2009-INF, as amended/ updated from time to time; xiii) Relative shall have the same meaning as assigned to it in the Companies Act, 2013 , ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7, 2016, as amended/ updated from time to time, issued by Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, Government of India; xvii) Trade Credit refer to the credits extended by the overseas supplier, bank /financial institution for imports into India in accordance with the Trade Credit framework decided by the Reserve Bank in consultation with the Governm ..... X X X X Extracts X X X X X X X X Extracts X X X X
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