Foreign Exchange Management (Permissible Capital Account Transactions) (First Amendment) Regulations, 2019 - 01/2019-RB - Foreign Exchange Management

📋

Contents

Note

Bookmark

For full text, please login

Verification Pending

The Email Id has not been verified. Click on the link we have sent on

Didn't receive the mail? Resend Mail

Don't have an account? Register Here

Capital account restrictions with DPRK: transactions barred without Central Government approval; existing investments must be wound up within specified period. Amendment prohibits persons resident in India from undertaking capital account transactions with DPRK citizens, residents, entities, or assets without specific Central Government approval, and mandates closure, liquidation, disposal or settlement of existing impermissible investments or offices in the DPRK within 180 days unless continued by specific Central Government approval.

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.

Capital account restrictions with DPRK: transactions barred without Central Government approval; existing investments must be wound up within specified period.

Amendment prohibits persons resident in India from undertaking capital account transactions with DPRK citizens, residents, entities, or assets without specific Central Government approval, and mandates closure, liquidation, disposal or settlement of existing impermissible investments or offices in the DPRK within 180 days unless continued by specific Central Government approval.

Full Summary is available for active users!

Note: It is a system-generated summary and is for quick reference only.

Contact Us At :

FAQs :

Most Asked Video Tutorials :

Submit Feedback/Suggestion :

Notifications

Notifications

Foreign Exchange Management (Permissible Capital Account Transactions) (First Amendment) Regulations, 2019 - 01/2019-RB - Foreign Exchange Management

Capital account restrictions with DPRK: transactions barred without Central Government approval; existing investments must be wound up within specified period.

Topics

Contact Us At :

FAQs :

Most Asked Video Tutorials :

Submit Feedback/Suggestion :

Notifications

Notifications

Foreign Exchange Management (Permissible Capital Account Transactions) (First Amendment) Regulations, 2019 - 01/2019-RB - Foreign Exchange Management

Print Options

Username/Email Address

Password

The Email Id has not been verified. Click on the link we have sent on

Capital account restrictions with DPRK: transactions barred without Central Government approval; existing investments must be wound up within specified period.

Topics