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of <h1>Residents Can Jointly Hold EEFC Account with Relatives Under Section 2(77) of Companies Act 2013 on Survivor Basis</h1> Resident individuals can hold an Exchange Earners Foreign Currency (EEFC) account jointly with resident relatives, as defined under section 2(77) of the Companies Act, 2013. This joint holding is allowed on a 'former or survivor' basis.
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