Fema - Law Dictionary Search Results
Foreign exchange derivative contract
Foreign exchange derivative contract, means a financial transaction or an arrangement in what-ever form and by whatever name called,
Foreign exchange due
Foreign exchange due, means the amount which a person has a right to receive or claim in foreign exchange.
Foreign Currency Convertible Bond
Foreign Currency Convertible Bond, (FCCB) means a bond issued by an Indian company expressed in foreign currency, and the
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Foreign currency account
Foreign currency account, means the account held or maintained in currency other than the currency of India or Nepal
Foreign company
Foreign company. Every Company incorporated outside the United Kingdom, which has a place of business in the United Kingdom,
Tom Delivery
Tom Delivery, means delivery of foreign exchange on a working day next to the day of transaction. [Foreign Exchange Management (Foreign Exchange Derivative Contracts)
Drawal
Drawal, means drawal of foreign exchange from an authorised person and includes opening of Letter of Credit or use of International Credit Card
Cash delivery
Cash delivery, means delivery of foreign exchange on the day of transaction. [Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000, s. 2 (iii)]
Wholly owned subsidiary abroad
Wholly owned subsidiary abroad, means a foreign concern formed, registered or incorporated in a foreign country in accordance with the laws and regulations of that
Repatriation outside India
Repatriation outside India, means the buying or drawing of foreign exchange from an authorised dealer in India and remitting it outside India through normal banking channels or crediting
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