External Commercial Borrowings guidance consolidated under FEMA; master circular centralises rules for banks with a temporary sunset clause. External Commercial Borrowings and Trade Credits for residents are regulated under FEMA and related notifications; this Master Circular consolidates existing instructions for banks authorised to deal in foreign exchange, lists underlying circulars and notifications in an appendix, and is issued with a sunset clause requiring withdrawal and replacement by an updated Master Circular after one year.
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.
External Commercial Borrowings guidance consolidated under FEMA; master circular centralises rules for banks with a temporary sunset clause.
External Commercial Borrowings and Trade Credits for residents are regulated under FEMA and related notifications; this Master Circular consolidates existing instructions for banks authorised to deal in foreign exchange, lists underlying circulars and notifications in an appendix, and is issued with a sunset clause requiring withdrawal and replacement by an updated Master Circular after one year.
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