Home Acts & Rules FEMA Regulation Foreign Exchange Management (Overseas Investment) Regulations, 2022 This
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Regulation 8 - Mode of payment - Foreign Exchange Management (Overseas Investment) Regulations, 2022Extract 8. Mode of payment . A person resident in India making Overseas Investment may make payment (i) by remittance made through banking channels; (ii) from funds held in an account maintained in accordance with the provisions of the Act; (iii) by swap of securities; (iv) by using the proceeds of American Depository Receipts or Global Depositary Receipts or stock-swap of such receipts or external commercial borrowings raised in accordance with the provisions of the Act and the rules and regulations made thereunder for making ODI or financial commitment by way of debt by an Indian entity.
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