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        FEMA

        Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Amendment) Regulations, 2004 - 111/2004 - Foreign Exchange Management

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        Foreign investment liberalisation allows full foreign investment in sectors not listed in Annexure A under amended FEMA regulations. Amendment adds Item 21 to Schedule 1, Annexure B of the Regulations, permitting full foreign investment in any sector or activity not included in Annexure A, as a modification effected by the Reserve Bank of India under powers conferred by the Foreign Exchange Management Act, effective on publication in the Official Gazette.
                          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 liberalisation allows full foreign investment in sectors not listed in Annexure A under amended FEMA regulations.

                                Amendment adds Item 21 to Schedule 1, Annexure B of the Regulations, permitting full foreign investment in any sector or activity not included in Annexure A, as a modification effected by the Reserve Bank of India under powers conferred by the Foreign Exchange Management Act, effective on publication in the Official Gazette.


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