Foreign Exchange Management (Investment in firm of proprietary concern in India) Regulations, 2000 - 024/2000 - Foreign Exchange Management

Superseded vide Notification No. FEMA 20(R)/ 2017-RB Dated 07-11-2017 Foreign Exchange Management (Investment in firm of proprietary concern in India ) Regulations, 2000 Notification No. FEMA 24 /2000-RB dated 3 rd May 2000 RESERVE BANK OF INDIA (EXCHANGE CONTROL DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Published in the Official Gazette of Government of India - Extraordinary - Part-II, Section 3, Sub-Section (i) dated 08.05.2000 - G.S.R. No. 410(E) In exercise of the powers conferred by clause (h) of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank makes the following regulations to regulate investment by a person resident outside India in a partnership firm or a proprietary concern in India, namely, Foreign Exchange Management (Investment in Firm or Proprietary concern in India) Regulations, 2000. For Regulation click here