Regularization of foreign liaison and branch offices required; entities must apply to the Reserve Bank for approval and UIN assignment. Foreign entities operating Liaison Offices or Branch Offices in India without Reserve Bank approval must apply for regularization under FEMA by submitting form FNC through their Authorised Dealer Category-I bank to the Chief General Manager-in-Charge, Foreign Exchange Department, Reserve Bank of India; entities with prior Government of India approval should likewise approach the Reserve Bank with that approval for allotment of a Unique Identification Number.
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.
Regularization of foreign liaison and branch offices required; entities must apply to the Reserve Bank for approval and UIN assignment.
Foreign entities operating Liaison Offices or Branch Offices in India without Reserve Bank approval must apply for regularization under FEMA by submitting form FNC through their Authorised Dealer Category-I bank to the Chief General Manager-in-Charge, Foreign Exchange Department, Reserve Bank of India; entities with prior Government of India approval should likewise approach the Reserve Bank with that approval for allotment of a Unique Identification Number.
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