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        FEMA

        Rule 15 - Overseas Investment in IFSC by person Resident in India

        Foreign Exchange Management (Overseas Investment) Rules, 2022

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        Overseas investment in IFSCs: resident Indians may invest only under Schedule V conditions of the Overseas Investment Rules. A person resident in India may undertake Overseas Investment in an IFSC in India only in the manner and subject to the terms and conditions prescribed in Schedule V to the Foreign Exchange Management (Overseas Investment) Rules, 2022.

        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.

        <h1>Overseas investment in IFSCs: resident Indians may invest only under Schedule V conditions of the Overseas Investment Rules.</h1> A person resident in India may undertake Overseas Investment in an IFSC in India only in the manner and subject to the terms and conditions prescribed in Schedule V to the Foreign Exchange Management (Overseas Investment) Rules, 2022.

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