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        FEMA

        Regulation 9A - Overseas Investments by Registered Trust/Society

        Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2004

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        Overseas investments by registered trusts and societies allowed in same sector with prior central bank approval. Registered trusts and societies operating in manufacturing, education, and certain hospital activities may invest abroad in the same sectors through a joint venture or wholly owned subsidiary, provided they satisfy Schedule III eligibility criteria and obtain prior approval from the central bank.
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Overseas investments by registered trusts and societies allowed in same sector with prior central bank approval.

                              Registered trusts and societies operating in manufacturing, education, and certain hospital activities may invest abroad in the same sectors through a joint venture or wholly owned subsidiary, provided they satisfy Schedule III eligibility criteria and obtain prior approval from the central bank.


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