TMI BlogAmendment of section 10.X X X X Extracts X X X X X X X X Extracts X X X X ..... or to a foreign company, by any Indian company or business trust in respect of monies borrowed from a source outside India by way of issue of rupee denominated bond, as referred to in clause (ia) of sub-section (2) of section 194LC, during the period beginning from the 17th day of September, 2018 and ending on the 31st day of March, 2019; ; (II) after clause (4C) as so inserted, the follo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ign Exchange Management Act, 1999 (42 of 1999) and the rules made thereunder; (b) manager shall have the meaning assigned to it in clause (q) of sub-regulation (1) of regulation 2 of the Securities and Exchange Board of India (Alternative Investment Fund) Regulations, 2012, made under the Securities and Exchange Board of India Act, 1992 (15 of 1992.); (c) specified fund means ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Investment Fund) Regulations, 2012, made under the Securities and Exchange Board of India Act, 1992 (15 of 1992.); (e) trust means a trust established under the Indian Trusts Act, 1882 (2 of 1882.) or under any other law for the time being in force; (f) unit means beneficial interest of an investor in the fund and shall include shares or partnership interest; (III) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ction 2 of the Special Economic Zones Act, 2005 (28 of 2005.); ; (IV) in clause (23C), with effect from the 1st day of September, 2019,- (a) in the second proviso, for the words and the prescribed authority , the words and the compliance of such requirements under any other law for the time being in force by such fund or trust or institution or any university or other education ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tional institution or any hospital or other medical institution has not complied with the requirement of any other law for the time being in force, and the order, direction or decree, by whatever name called, holding that such non-compliance has occurred, has either not been disputed or has attained finality, , (V) in clause (34A), the brackets and words (not being listed on a recognised ..... X X X X Extracts X X X X X X X X Extracts X X X X
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