https://www.taxtmi.com/acts?id=2281 Permits specified persons other than authorised dealers to give guarantees for overseas project performance or to secure overseas credit, subject to prior approval from the approving authority; allows exporters to provide bid bond guarantees within regulatory limits; permits agents of foreign carriers to guarantee obligations to Indian authorities; allows Indian Parties promoting overseas JVs or WOS to guarantee their foreign subsidiaries or first generation step down companies subject to compliance with foreign transfer/issue of security conditions; and permits authorised dealer banks, under RBI directions, to allow guarantees securing external commercial borrowings or overseas lessor financing in conformity with foreign exchange and trade policy conditions. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 18 Jun 2025 13:13:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2281 Permits specified persons other than authorised dealers to give guarantees for overseas project performance or to secure overseas credit, subject to prior approval from the approving authority; allows exporters to provide bid bond guarantees within regulatory limits; permits agents of foreign carriers to guarantee obligations to Indian authorities; allows Indian Parties promoting overseas JVs or WOS to guarantee their foreign subsidiaries or first generation step down companies subject to compliance with foreign transfer/issue of security conditions; and permits authorised dealer banks, under RBI directions, to allow guarantees securing external commercial borrowings or overseas lessor financing in conformity with foreign exchange and trade policy conditions. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2281