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Financial Commitment (FC) by Indian Party under Overseas Direct Investments (ODI) – Restoration of Limit

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Full Text of the Document

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....rised Dealer (AD - Category I) banks is invited to the provisions of the Notification No. FEMA.120/RB-2004 dated July 7, 2004 [Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2004] (the Notification), as amended from time to time and the A.P.(DIR Series) Circular No. 23 dated August 14, 2013 and A.P.(DIR Series) Circular No. 30 dated September 04, 2....

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