Eligibility for Investment

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..... intly with any other individual. Explanation For the purposes of this paragraph: (i) person shall have the same meaning as defined in clause (u) of section 2 of the Foreign Exchange Management Act, 1999 (42 of 1999). (ii) the expression person resident in India shall have the same meaning as defined in clause (v) of section 2 of the Foreign Exchange Management Act, 1999 ( .....

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..... er Section 25 of the Indian Companies Act, 1956 or under Section 8 of the Companies Act, 2013 ; or an institution, which has obtained a Certificate of Registration as a charitable institution in accordance with a law in force; or Any institution which has obtained a certificate from an Income Tax Authority for the purposes of Section 80G of the Income Tax Act, 1961. (v) University .....

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