https://www.taxtmi.com/circulars?id=12097 ECB policy now permits entities under investigation, adjudication, or appeal to avail ECB under the Automatic route subject to existing ECB norms; AD Category - I banks must, when approving and where the borrower has disclosed pending proceedings, endorse the approval letter to the concerned agencies, and the Reserve Bank will follow the same practice. All other Automatic route conditions, including eligible borrowers, recognised lenders, end-use, cost ceilings, maturity, prepayment, refinancing and reporting obligations, remain unchanged. en-us Tue, 05 Mar 2013 00:00:00 +0530 Wed, 06 Mar 2013 11:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=12097 ECB policy now permits entities under investigation, adjudication, or appeal to avail ECB under the Automatic route subject to existing ECB norms; AD Category - I banks must, when approving and where the borrower has disclosed pending proceedings, endorse the approval letter to the concerned agencies, and the Reserve Bank will follow the same practice. All other Automatic route conditions, including eligible borrowers, recognised lenders, end-use, cost ceilings, maturity, prepayment, refinancing and reporting obligations, remain unchanged. Circulars FEMA Tue, 05 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=12097