Definitions
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....hange Management Act, 1999 (42 of 1999); (b) "Annual Forex Turnover" means the aggregate of foreign exchange purchased and sold by an authorised person or a Forex Correspondent from/to the public directly, and through its agents/franchisees/Forex Correspondents, during a financial year, excluding the value of inward remittances processed; (c) "Authorised Dealer (AD)" means a pers....
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....l Personnel (KMP)" shall have the same meaning as assigned to it under sub-section (51) of section 2 of the Companies Act, 2013; (j) "Net Worth" shall have the same meaning as assigned to it under sub-section (57) of section 2 of the Companies Act, 2013 (18 of 2013); (k) "Promoter" shall have the meaning as assigned to it under sub-section (69) of section 2 of the Companies Act, ....
TaxTMI