Foreign Exchange Management (Overseas Investment) Directions, 2022
The Foreign Exchange Department (“FED”) of the Reserve Bank of India (“RBI”) vide notification dated on August 22, 2022 has notified the Foreign Exchange Management (Overseas Investment) Regulation, 2022 (“OI Regulation”) and the Central Government vide notification dated August 22, 2022 has notified the Foreign Exchange Management (Overseas Investment) Rules, 2022 (“OI Rules”) superseding the …
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