FEMA – Foreign Direct investment in India – Economic, Business and Commercial Laws Important Questions
Question 1.A Bangladeshi millionaire is interested to invest in India subject to the FDI policy of the Government of India. Advice with reference to relevant provisions of the Foreign Exchange Management Act, 1999 and the rules and regulations made thereunder. [June 2010 (1 Mark)]Answer:As per Rule 6 of the FEM (Non-Debt Instrument) Rules, 2019, a […]