Regulation 9A - Overseas Investments by Registered Trust/Society

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....Society Criteria for overseas investment by Registered Trust/Society Trust (i) The Trust should be registered under the Indian Trust Act, 1882. (ii) The Trust deed permits the proposed investment overseas. (iii) The proposed investment should be approved by the trustee/s. (iv) The Authorised Dealer bank is satisfied that the Trust is KYC (Know Your Custome....

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....onafide activity (iv) The Society has been in existence at least for a period of three years. (v) The Society has not come under the adverse notice of any Regulatory / Enforcement agency like the Directorate of Enforcement, CBI etc. In addition to the registration, the activities which require special license / permission either from the Ministry of Home Affairs, Governm....