Definitions
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....ction 10 of the Act; (iii) "EEFC Account", "RFC Account" shall have the same meaning as assigned to them respectively in the Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015, as amended from time to time; (iv) "External Commercial Borrowings (ECB)" means borrowing by an eligible resident entity from outside India in accordance with framewo....
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....hange Management (Deposit) Regulations, 2016, as amended from time to time; (ix) "Housing Finance Institution" and "National Housing Bank" shall have the same meaning as assigned to them in the National Housing Bank Act, 1987, as amended from time to time; (x) "Indian Entity" means a company incorporated in India under the Companies Act, 2013, as amended from time to time, or a Limited Liabili....
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....existing units or any activity under 'infrastructure subsectors' as given in the Harmonised Master List of Infrastructure sub-sectors approved by the Government of India vide Notification F. No. 13/06/2009-INF, as amended/ updated from time to time; (xiii) "Relative" shall have the same meaning as assigned to it in the Companies Act, 2013, as amended from time to time; (xiv) "Restricted End Us....
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....Industrial Policy and Promotion, Ministry of Commerce and Industry, Government of India; (xvii) "Trade Credit" refer to the credits extended by the overseas supplier, bank /financial institution for imports into India in accordance with the Trade Credit framework decided by the Reserve Bank in consultation with the Government of India; Explanation: Depending on the source of finance, such trad....