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Foreign Direct Investment (FDI) in India –definition of ‘group company’

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Full Text of the Document

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.... Dealer Category - I (AD Category-I) banks is invited to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified by the Reserve Bank vide Notification No. FEMA. 20/2000-RB dated 3rd May 2000, as amended from time to time. 2. The extant FDI policy has since been reviewed and it has been decided to incorporate the definition fo....

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