https://www.taxtmi.com/acts?id=37889 Indian entities, mutual funds, venture capital funds, firms, associations of persons and proprietary concerns cannot receive or record investment in India from persons resident outside India unless permitted under applicable law. The Reserve Bank may permit such receipt or recording on application, for sufficient reasons, and subject to necessary conditions. en-us Sat, 19 Oct 2019 13:13:33 +0530 Mon, 07 Sep 2026 18:05:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37889 Indian entities, mutual funds, venture capital funds, firms, associations of persons and proprietary concerns cannot receive or record investment in India from persons resident outside India unless permitted under applicable law. The Reserve Bank may permit such receipt or recording on application, for sufficient reasons, and subject to necessary conditions. Act-Rules FEMA Sat, 19 Oct 2019 13:13:33 +0530 https://www.taxtmi.com/acts?id=37889