https://www.taxtmi.com/circulars?id=52225 Continuation of the buyback and prepayment scheme for Foreign Currency Convertible Bonds (FCCBs) under the approval route is authorized temporarily, with the existing approval-route mechanism extended and a firm discontinuation stipulated after the extension period; Authorized Dealer Category I banks must notify their constituents and customers. The directions are issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 and do not affect other statutory permissions or approvals. en-us Tue, 25 Jun 2013 00:00:00 +0530 Tue, 25 Jun 2013 18:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52225 Continuation of the buyback and prepayment scheme for Foreign Currency Convertible Bonds (FCCBs) under the approval route is authorized temporarily, with the existing approval-route mechanism extended and a firm discontinuation stipulated after the extension period; Authorized Dealer Category I banks must notify their constituents and customers. The directions are issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 and do not affect other statutory permissions or approvals. Circulars FEMA Tue, 25 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52225