Definitions

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..... hange Management Act, 1999, (42 of 1999); (b) authorised dealer means a person authorised as an authorised dealer under sub section (1) of section 10 of the Act; (c) American Depository Receipt (ADR) means a security issued by a bank or a depository in United States of America (USA) against underlying rupee shares of a company incorporated in India; (d) `Core Activity' means activity carried o .....

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..... company expressed in foreign currency, and the principal and interest in respect of which is payable in foreign currency; (h) Form means the form annexed to these Regulations; (i) Global Depository Receipt (GDR) means a security issued by a bank or a depository outside India against underlying rupee shares of a company incorporated in India; (j) Host country means the country in which the foreign .....

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..... Venture (JV) means a foreign entity formed, registered or incorporated in accordance with the laws and regulations of the host country in which the Indian party makes a direct investment; (n) Mutual Fund means a Mutual Fund referred to in clause (23D) of section 10 of the Income tax Act, 1961; (o) `Net worth' means paid up capital and free reserves; (p) Real estate business' means buying a .....

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