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Foreign Exchange Management (Establishment in India of a branch office or a liaison office or a project office or any other place of business) (Amendment) Regulations, 2018 - 22(R) (1)/2018-RB - Foreign Exchange Management
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Foreign Contribution restrictions bar FCRA covered entities from seeking RBI office establishment permission; approvals void for misrepresentation. The amendment bars applicants that are Non Government Organisations, Non Profit Organisations, or foreign government bodies from seeking permission under the FEMA office establishment regulations if they engage in activities covered by the Foreign Contribution (Regulation) Act; such entities must obtain FCRA registration. Form FNC now requires an undertaking not to undertake FCRA covered activities, and any misrepresentation will render RBI approval void ab initio and subject to withdrawal.
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 Contribution restrictions bar FCRA covered entities from seeking RBI office establishment permission; approvals void for misrepresentation.
The amendment bars applicants that are Non Government Organisations, Non Profit Organisations, or foreign government bodies from seeking permission under the FEMA office establishment regulations if they engage in activities covered by the Foreign Contribution (Regulation) Act; such entities must obtain FCRA registration. Form FNC now requires an undertaking not to undertake FCRA covered activities, and any misrepresentation will render RBI approval void ab initio and subject to withdrawal.
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