TMI BlogDefinitionsX X X X Extracts X X X X X X X X Extracts X X X X ..... tion 10 of the Act; iii) "EEFC Account", "RFC Account" shall have the same meaning as assigned to them respectively in the Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015, as amended from time to time; iv) "External Commercial Borrowings (ECB)" means borrowing by an eligible resident entity from outside India in accordance with framework ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anagement (Deposit) Regulations, 2016, as amended from time to time; ix) "Housing Finance Institution" and "National Housing Bank" shall have the same meaning as assigned to them in the National Housing Bank Act, 1987, as amended from time to time; x) "Indian Entity" means a company incorporated in India under the Companies Act, 2013, as amended from time to time, or a Limited Liability Partne ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... its or any activity under 'infrastructure subsectors' as given in the Harmonised Master List of Infrastructure sub-sectors approved by the Government of India vide Notification F. No. 13/06/2009-INF, as amended/ updated from time to time; xiii) "Relative" shall have the same meaning as assigned to it in the Companies Act, 2013, as amended from time to time; xiv) "Restricted End Uses" shall mea ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d Promotion, Ministry of Commerce and Industry, Government of India; xvii) "Trade Credit" refer to the credits extended by the overseas supplier, bank /financial institution for imports into India in accordance with the Trade Credit framework decided by the Reserve Bank in consultation with the Government of India; Explanation: Depending on the source of finance, such trade credits include bot ..... X X X X Extracts X X X X X X X X Extracts X X X X
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