Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) (Amendment) Regulations, 2009

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..... VE BANK OF INDIA (Foreign Exchange Department) (CENTRAL OFFICE) NOTIFICATION Mumbai, the 13th January, 2009 No. FEMA 182/RB-2009 Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) (Amendment) Regulations, 2009 G.S.R. 61(E).- In exercise of the powers conferred by clause (d) of sub-section (3) of Section 6 and sub-section (2) of Section 47 o .....

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..... rcent" shall be substituted by the words "fifty percent" and shall be deemed to have been substituted with effect from the 15th day of October, 2008. [F. No. 1/23/EM/2000-Vol. IV] SALIM GANGADHARAN, Chief General Manager-in-Charge Footnote :— 1. @ It is clarified that no person will be adversely affected as a result of retrospective effect being given to these regulations. 2. .....

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