https://www.taxtmi.com/acts?id=52543 The regulations define Guarantee (including counter-guarantee) as any contract to perform a promise or discharge a debt, obligation or liability on default by the principal debtor, and identify Creditor, Surety, and Authorised dealer as the relevant parties while adopting the statutory meaning of International Financial Services Centre. Terms not defined take the meanings assigned in the Foreign Exchange Management Act, 1999 and subordinate legislation. en-us Sat, 10 Jan 2026 12:03:27 +0530 Sat, 10 Jan 2026 12:12:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=52543 The regulations define Guarantee (including counter-guarantee) as any contract to perform a promise or discharge a debt, obligation or liability on default by the principal debtor, and identify Creditor, Surety, and Authorised dealer as the relevant parties while adopting the statutory meaning of International Financial Services Centre. Terms not defined take the meanings assigned in the Foreign Exchange Management Act, 1999 and subordinate legislation. Act-Rules FEMA Sat, 10 Jan 2026 12:03:27 +0530 https://www.taxtmi.com/acts?id=52543