RBI liberalizes FDI conditions for LLPs by Vignesh Iyer

The Reserve Bank of India (RBI) vide its notification[1] dated March 03, 2017 (Present Notification) amended Schedule 9 of the Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) Regulations, 2000 (Regulations, 2000).The present notification was published in the official gazette[2] on the even date. Read more

RBI liberalizes FDI conditions for LLPs

The Reserve Bank of India (RBI) vide its notification[1] dated March 03, 2017 (Present Notification) amended Schedule 9 of the Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) Regulations, 2000 (Regulations, 2000).The present notification was published in the official gazette[2] on the even date.

The salient highlights of the revised Schedule 9 are as follows: Read more