Establishment of project offices in India by foreign entities remains subject to prior RBI permission and regulatory compliance. Establishment of project offices in India by foreign entities is permitted under general permission only when the entity complies with the regulatory prior permission requirements and all specified conditions; previously granted general permission is subject to continued adherence to those regulatory provisions, and Authorised Dealer Category I banks must inform their constituents accordingly.
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.
Establishment of project offices in India by foreign entities remains subject to prior RBI permission and regulatory compliance.
Establishment of project offices in India by foreign entities is permitted under general permission only when the entity complies with the regulatory prior permission requirements and all specified conditions; previously granted general permission is subject to continued adherence to those regulatory provisions, and Authorised Dealer Category I banks must inform their constituents accordingly.
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