<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Foreign Exchange Management (Remittance of Assets) (Second Amendment) Regulations, 2007</title>
    <link>https://www.taxtmi.com/notifications?id=6475</link>
    <description>Authorised dealers may, without Reserve Bank approval, effect remittance of assets by eligible persons and remittance out of assets of Indian companies under liquidation, provided the remittance complies with a court or liquidator order and the applicant furnishes: a no objection or tax clearance certificate from the income tax authority; an auditor&#039;s certificate that all Indian liabilities are paid or adequately provided for; an auditor&#039;s certificate that winding up complies with the Companies Act, 1956; and, where winding up is not by a court, an auditor&#039;s certificate that no legal proceedings or impediments exist.</description>
    <language>en-us</language>
    <pubDate>Tue, 18 Sep 2007 00:00:00 +0530</pubDate>
    <lastBuildDate>Sat, 04 Oct 2008 14:40:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=272655" rel="self" type="application/rss+xml"/>
    <item>
      <title>Foreign Exchange Management (Remittance of Assets) (Second Amendment) Regulations, 2007</title>
      <link>https://www.taxtmi.com/notifications?id=6475</link>
      <description>Authorised dealers may, without Reserve Bank approval, effect remittance of assets by eligible persons and remittance out of assets of Indian companies under liquidation, provided the remittance complies with a court or liquidator order and the applicant furnishes: a no objection or tax clearance certificate from the income tax authority; an auditor&#039;s certificate that all Indian liabilities are paid or adequately provided for; an auditor&#039;s certificate that winding up complies with the Companies Act, 1956; and, where winding up is not by a court, an auditor&#039;s certificate that no legal proceedings or impediments exist.</description>
      <category>Notifications</category>
      <law>FEMA</law>
      <pubDate>Tue, 18 Sep 2007 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/notifications?id=6475</guid>
    </item>
  </channel>
</rss>