Investments Abroad by Indian Firms: permission required, granted subject to specified regulatory factors and conditions. A firm registered under the Indian Partnership Act, 1932, may apply to the Reserve Bank for permission to invest abroad within the extent and manner specified in Part I; the Reserve Bank may grant permission after considering specified regulatory factors and impose necessary terms and conditions.
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.
Investments Abroad by Indian Firms: permission required, granted subject to specified regulatory factors and conditions.
A firm registered under the Indian Partnership Act, 1932, may apply to the Reserve Bank for permission to invest abroad within the extent and manner specified in Part I; the Reserve Bank may grant permission after considering specified regulatory factors and impose necessary terms and conditions.
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