Foreign investment rules: RBI regulations set the framework for non-resident investment in Indian partnership firms and proprietorships. RBI regulations under the Foreign Exchange Management Act govern investment by persons resident outside India in partnership firms and proprietary concerns, titled the Foreign Exchange Management (Investment in Firm or Proprietary Concern in India) Regulations, 2000, specifying commencement and issued under RBI powers to regulate foreign investment into those unincorporated Indian business forms; the 2000 Regulations were later superseded by New Regulations of 2017.
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Provisions expressly mentioned in the judgment/order text.
Foreign investment rules: RBI regulations set the framework for non-resident investment in Indian partnership firms and proprietorships.
RBI regulations under the Foreign Exchange Management Act govern investment by persons resident outside India in partnership firms and proprietary concerns, titled the Foreign Exchange Management (Investment in Firm or Proprietary Concern in India) Regulations, 2000, specifying commencement and issued under RBI powers to regulate foreign investment into those unincorporated Indian business forms; the 2000 Regulations were later superseded by New Regulations of 2017.
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