Foreign investor foreign currency account access permitted for investment under non-debt instrument rules when registered with securities regulator. Foreign Portfolio Investors and Foreign Venture Capital Investors registered with the securities regulator may open and maintain a non-interest bearing foreign currency account in India for the purpose of making investments in conformity with the Foreign Exchange Management (Non-Debt Instrument) Rules.
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 investor foreign currency account access permitted for investment under non-debt instrument rules when registered with securities regulator.
Foreign Portfolio Investors and Foreign Venture Capital Investors registered with the securities regulator may open and maintain a non-interest bearing foreign currency account in India for the purpose of making investments in conformity with the Foreign Exchange Management (Non-Debt Instrument) Rules.
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