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        FEMA

        Rejection Risk Insurance – Remittance - Liberalisation

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        Rejection risk insurance premiums permitted for seafood and perishable food exporters to be remitted to foreign insurers. Authorised dealers may permit remittance of premiums to foreign insurers for Rejection Risk Insurance taken by exporters of sea-food and other perishable food/food products, following Central Government no-objection to such foreign-issued policies; directions issued under FEMA Sections 10(4) and 11(1).
                          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.

                                Rejection risk insurance premiums permitted for seafood and perishable food exporters to be remitted to foreign insurers.

                                Authorised dealers may permit remittance of premiums to foreign insurers for Rejection Risk Insurance taken by exporters of sea-food and other perishable food/food products, following Central Government no-objection to such foreign-issued policies; directions issued under FEMA Sections 10(4) and 11(1).


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