Foreign investment in Indian partnership and proprietorship regulated under FEMA, prescribing conditions and procedural compliance. Non-resident investment in Indian partnership firms and proprietary concerns is governed by the Foreign Exchange Management framework, requiring adherence to prescribed conditions, permissions and procedural requirements, defining the scope of permissible investment and the regulatory mechanism for approvals and restrictions under applicable exchange control provisions.
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 investment in Indian partnership and proprietorship regulated under FEMA, prescribing conditions and procedural compliance.
Non-resident investment in Indian partnership firms and proprietary concerns is governed by the Foreign Exchange Management framework, requiring adherence to prescribed conditions, permissions and procedural requirements, defining the scope of permissible investment and the regulatory mechanism for approvals and restrictions under applicable exchange control provisions.
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