Acquisition of immovable property outside India- Branches/trading offices overseas

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..... ised Dealers in Foreign Exchange Madam/Sir, Acquisition of immovable property outside India-Branches/trading offices overseas In terms of Regulation 3 of Notification No.FEMA7/2000-RB dated May 3, 2000 no person resident in India shall acquire or transfer any immovable property outside India without general or special permission of Reserve Bank. 2. It has now been decided to permit Indi .....

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..... Section 10(4) and Section 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999). Yours faithfully, G. Padmanabhan General Manager-in-Charge ANNEXURE [A.P.(DIR Series) Circular No.71 dated January 13, 2002 ] Application for acquisition of immovable property overseas- Branches/trading offices 1. Name and address of the company - .....

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..... 9. Whether under investigation of Enforcement Directorate/Directorate of Revenue Intelligence etc. : We hereby certify that the particulars given above are true to the best of our knowledge and belief. We undertake to strictly abide by the instructions issued and the conditions that may be stipulated by Reserve Bank. _______________ .....

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