Foreign Exchange Management (Establishment in India of Branch or Office of other Place of Business) (Amendment) Regulations, 2011
X X X X Extracts X X X X
X X X X Extracts X X X X
....ement Act, 1999 (42 of 1999), the Reserve Bank of India makes the following amendments to the Foreign Exchange Management (Establishment in India of Branch or Office or other Place of Business) Regulation, 2000, Notification No. FEMA 22/2000-RB dated 3rd May, 2000, namely :- 1. Short Title and Commencement.-(i) These Regulations may be called the Foreign Exchange Management (Establishment in India of Branch or Office or other Place of Business) (Amendment) Regulations, 2011. (ii) They shall be deemed to have come into force from February 1, 2010.@ 2. Amendment to the Regulations:- In the Foreign Exchange Management (Establishment in India of Branch or Office or other Place of Business) Regulations, 2000 (Notification No. FEMA 22....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ted as a result of retrospective effect being given to these regulations. The Principal Regulations were published in the Official Gazette vide No. G.S.R. 408(E), dated 8th May, 2000 in Part II, Section 3, Sub-section (i) and subsequently amended as under,:- (a) No. GS.R. 698(E), dated 1-9-2003 (b) No. G S. R. 847(E), dated 29-10-2003 (c) No. (G.S.R. 336(E), dated 27-5-2005 FORM FNC (See regulation 5) (The application form shall be completed and submitted to the AD Category-I bank designated by the applicant, for onward transmission to the Chief General Manager-in-Charge, Reserve Bank, Foreign Exchange Department, Foreign Investment Division, Central Office, Fort, Mumbai - 400001 along with the documents mentioned in it....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... Association of the organisation. DECLARATION We hereby declare that : (i) The particulars given above are true and correct to the best of our knowledge and belief. (ii) Our activities in India would be confined to the activities indicated in column 4(iii) (a) above. (iii) If we shift the office to another place within the city, we shall intimate the designated AD Category-I bank and the Reserve Bank. In the event of shifting the Office to any other city in India, prior approval of the Reserve Bank will be obtained. (iv) We will abide by the terms and conditions that may be stipulated by the Government of India/Reserve Bank/designated AD Category-I bank from time to time. (v) We, hereby commit that we are agreeable to a....
TaxTMI