https://www.taxtmi.com/acts?id=17087 Companies registered under company law are prohibited from using guarantees from international banks, international financial institutions or joint venture partners as credit enhancement for domestic rupee denominated structured obligations without prior central bank approval. An exception permits residents eligible to raise foreign currency borrowings under the borrowing rules to secure domestic capital market debt such as bonds and debentures with guarantees from persons outside India without prior approval, subject to the central bank's terms and conditions. en-us Mon, 14 Jan 2013 16:30:39 +0530 Wed, 18 Jun 2025 12:42:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17087 Companies registered under company law are prohibited from using guarantees from international banks, international financial institutions or joint venture partners as credit enhancement for domestic rupee denominated structured obligations without prior central bank approval. An exception permits residents eligible to raise foreign currency borrowings under the borrowing rules to secure domestic capital market debt such as bonds and debentures with guarantees from persons outside India without prior approval, subject to the central bank's terms and conditions. Act-Rules FEMA Mon, 14 Jan 2013 16:30:39 +0530 https://www.taxtmi.com/acts?id=17087