Foreign exchange definitions clarify key terms governing borrowing and lending in foreign exchange and related accounts. Defines terminology for borrowing or lending in foreign exchange under the Foreign Exchange Management Act. Key terms specified include the Act, authorised dealer, EEFC, RFC, FCNR (B) and NRE accounts, the Schedule, 'Indian entity', 'Joint Venture abroad' and 'Wholly owned subsidiary abroad'; words not defined in these Regulations take the meanings assigned in the Act.
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.
Foreign exchange definitions clarify key terms governing borrowing and lending in foreign exchange and related accounts.
Defines terminology for borrowing or lending in foreign exchange under the Foreign Exchange Management Act. Key terms specified include the Act, authorised dealer, EEFC, RFC, FCNR (B) and NRE accounts, the Schedule, "Indian entity", "Joint Venture abroad" and "Wholly owned subsidiary abroad"; words not defined in these Regulations take the meanings assigned in the Act.
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