https://www.taxtmi.com/notifications?id=116327 An Indian party promoting or setting up outside India a Joint Venture or a Wholly Owned Subsidiary may give guarantees to or on behalf of that JV or WOS in connection with its business, provided the terms and conditions in the Foreign Exchange Management (Transfer and Issue of Foreign Security) (Amendment) Regulations, 2004 continue to be complied with. An authorized dealer in India may also give such guarantees. The Indian party may also guarantee the obligations of the first generation step down operating company, and 'Indian Party' is defined as in the Transfer or Issue Regulations. en-us Wed, 08 May 2013 00:00:00 +0530 Wed, 12 Feb 2014 16:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=116327 An Indian party promoting or setting up outside India a Joint Venture or a Wholly Owned Subsidiary may give guarantees to or on behalf of that JV or WOS in connection with its business, provided the terms and conditions in the Foreign Exchange Management (Transfer and Issue of Foreign Security) (Amendment) Regulations, 2004 continue to be complied with. An authorized dealer in India may also give such guarantees. The Indian party may also guarantee the obligations of the first generation step down operating company, and 'Indian Party' is defined as in the Transfer or Issue Regulations. Notifications FEMA Wed, 08 May 2013 00:00:00 +0530 https://www.taxtmi.com/notifications?id=116327