FOREIGN EXCHANGE MANAGEMENT (TRANSFER OR ISSUE OF ANY FOREIGN SECURITY) (AMENDMENT) REGULATIONS, 2004 - Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2004
FOREIGN EXCHANGE MANAGEMENT (TRANSFER OR ISSUE OF ANY FOREIGN SECURITY) (AMENDMENT) REGULATIONS, 2004 - Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2004
Overseas investment criteria: proprietorship exporters face eligibility, KYC, clean regulatory record, proven track record and investment limits. Overseas investment by established proprietorship or unregistered partnership exporters required Star Export House recognition, Authorised Dealer bank ... Summary
Overseas investment criteria: proprietorship exporters face eligibility, KYC, clean regulatory record, proven track record and investment limits.
Overseas investment by established proprietorship or unregistered partnership exporters required Star Export House recognition, Authorised Dealer bank satisfaction on KYC and business engagement with corroborating turnover, a proven export track record with limits on export outstanding relative to average export realisations, absence from enforcement or caution lists, and investment amounts capped by the lower of a proportion of average export realisations and a multiple of net owned funds; the schedule was later omitted.
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