https://www.taxtmi.com/acts?id=2413 Regulation 17 allowed an Indian party to pledge shares held in a joint venture or wholly owned subsidiary outside India as security to obtain fund based or non fund based facilities for itself or for the joint venture or subsidiary, in favour of an authorised dealer or a public financial institution in India; the provision has since been superseded by a later notification. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 25 Jun 2025 13:04:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2413 Regulation 17 allowed an Indian party to pledge shares held in a joint venture or wholly owned subsidiary outside India as security to obtain fund based or non fund based facilities for itself or for the joint venture or subsidiary, in favour of an authorised dealer or a public financial institution in India; the provision has since been superseded by a later notification. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2413