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.... (a) 'Act' means the Foreign Exchange Management Act, 1999 ( 42 of 1999); ^3[(aa) "authorised dealer" means a person authorised as an authorised dealer under sub-section (1) of Section 10 of the Act.] (b) 'foreign company' means a body corporate incorporated outside India, and includes a firm or other association of individuals; (c) 'Branch' shall....
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....fice of the Project Office established at the site of a project but does not include a Liaison Office; ^1[(h) 'Stand alone basis' means such branch offices would be isolated and restricted to the Special Economic Zone alone and no business activity/ transaction will be allowed outside the Special Economic Zones in India which includes branches/subsidiaries of its parent office in ....
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