{"id":221133,"date":"2019-10-19T09:30:47","date_gmt":"2019-10-19T04:00:47","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=221133"},"modified":"2019-10-18T23:33:15","modified_gmt":"2019-10-18T18:03:15","slug":"rbi-makes-regulations-to-regulate-investment-in-india-by-a-person-resident-outside-india-foreign-exchange-management-debt-instruments-regulations-2019","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2019\/10\/19\/rbi-makes-regulations-to-regulate-investment-in-india-by-a-person-resident-outside-india-foreign-exchange-management-debt-instruments-regulations-2019\/","title":{"rendered":"RBI makes regulations to regulate investment in India by a person resident outside India; Foreign Exchange Management (Debt Instruments) Regulations, 2019"},"content":{"rendered":"<div class=\"page\" title=\"Page 7\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<p style=\"text-align: justify;\"><strong>G.S.R. 796(E).\u2014<\/strong> In exercise of the powers conferred by clause (a) of sub-section (2) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), and in supersession of the Foreign Exchange Management (Transfer of Issue of Security by a Person Resident outside India) Regulations, 2017, the <strong>Reserve Bank makes the following regulations to regulate investment in India by a Person Resident Outside India, namely:-<\/strong><\/p>\n<div class=\"page\" title=\"Page 7\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<p style=\"text-align: center;\">CHAPTER I<\/p>\n<p style=\"text-align: center;\">PRELIMINARY<\/p>\n<p style=\"text-align: justify;\">1. <strong>Short title and commencement:-<\/strong> (1) These Regulations may be called the <span style=\"color: #008000;\"><strong>Foreign Exchange Management (Debt Instruments) Regulations, 2019.<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\">(2) They shall come into force from the date of their publication in the Official Gazette.<\/p>\n<p style=\"text-align: justify;\">2. <strong>Definitions: &#8211;<\/strong> In these Regulations, unless the context otherwise requires,:-<\/p>\n<ol>\n<li style=\"text-align: justify;\">a) \u00a0\u201cAct\u201d means the Foreign Exchange Management Act, 1999 (42 of 1999);<\/li>\n<li>\n<p style=\"text-align: justify;\">b) \u00a0\u201casset reconstruction company\u201d means a company registered with the Reserve Bank under Section 3 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002);<\/p>\n<\/li>\n<\/ol>\n<hr \/>\n<p><span style=\"color: #ff0000;\">*Please read the full notification here:<\/span> <strong><a href=\"http:\/\/egazette.nic.in\/WriteReadData\/2019\/213316.pdf\">NOTIFICATION\u00a0<\/a><\/strong><\/p>\n<p><strong>Reserve Bank of India<\/strong><\/p>\n<p style=\"text-align: right;\"><strong>[Notification dt. 17-10-2019]<\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>G.S.R. 796(E).\u2014 In exercise of the powers conferred by clause (a) of sub-section (2) of Section 6 and Section 47 of the <\/p>\n","protected":false},"author":8808,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[],"class_list":["post-221133","post","type-post","status-publish","format-standard","hentry","category-legislationupdates","category-notifications"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RBI makes regulations to regulate investment in India by a person resident outside India; 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