https://www.taxtmi.com/acts?id=52544 Persons resident in India are restricted from participating as principal debtors, sureties or creditors in guarantees involving persons resident outside India. Cross-border guarantee arrangements are prohibited unless permitted by the Act, applicable rules, regulations or directions, or authorised through the general or special permission of the Reserve Bank of India. en-us Sat, 10 Jan 2026 12:03:40 +0530 Mon, 07 Sep 2026 15:42:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=52544 Persons resident in India are restricted from participating as principal debtors, sureties or creditors in guarantees involving persons resident outside India. Cross-border guarantee arrangements are prohibited unless permitted by the Act, applicable rules, regulations or directions, or authorised through the general or special permission of the Reserve Bank of India. Act-Rules FEMA Sat, 10 Jan 2026 12:03:40 +0530 https://www.taxtmi.com/acts?id=52544