Foreign investment regulation consolidates rules on property acquisition, establishment of offices and partnership investments, with scheduled revision. This Master Circular consolidates Reserve Bank instructions and FEMA notifications governing foreign investment, specifically addressing acquisition of immovable property by non-residents, establishment of representative/branch/liaison offices in India, and foreign investment in partnership firms and proprietary concerns; it lists underlying circulars and notifications in an Appendix and contains a one-year sunset clause providing for withdrawal and replacement by an updated consolidated Master Circular.
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.
Foreign investment regulation consolidates rules on property acquisition, establishment of offices and partnership investments, with scheduled revision.
This Master Circular consolidates Reserve Bank instructions and FEMA notifications governing foreign investment, specifically addressing acquisition of immovable property by non-residents, establishment of representative/branch/liaison offices in India, and foreign investment in partnership firms and proprietary concerns; it lists underlying circulars and notifications in an Appendix and contains a one-year sunset clause providing for withdrawal and replacement by an updated consolidated Master Circular.
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