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        FEMA

        Regulation 7A - Loans in Rupees to Non-Residents by an Authorised Dealer

        Foreign Exchange Management (Borrowing And Lending In Rupees) Regulations, 2000

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        Repayment by relative of non-resident rupee loans permitted; credited via relative's bank account to borrower's loan account. Permits repayment of rupee loans granted to non-residents by an authorised dealer to be effected by a relative of the borrower resident in India, by crediting the borrower's loan account from the relative's bank account.
                      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.

                            Repayment by relative of non-resident rupee loans permitted; credited via relative's bank account to borrower's loan account.

                            Permits repayment of rupee loans granted to non-residents by an authorised dealer to be effected by a relative of the borrower resident in India, by crediting the borrower's loan account from the relative's bank account.


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