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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Foreign Exchange Management requires unique identification numbers for overseas joint ventures and subsidiaries under Regulation 10</h1> Regulation 10 of the Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2000 requires the Reserve Bank to assign a unique identification number to each joint venture or wholly owned subsidiary established outside India. The Indian party must reference this identification number in all communications and reports submitted to the Reserve Bank and authorized dealers. This regulation has been superseded by Notification No. 120/2004 dated July 7, 2004.
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