P&H HC: Eyewitness Account Not Credible if Eyewitness Directly Identifies Accused in Court || Delhi HC: Conditions u/s 45 PMLA Have to Give Way to Article 21 When Accused Incarcerated for Long || Delhi High Court: Delhi Police to Add Grounds of Arrest in Arrest Memo || Kerala High Court: Giving Seniority on the Basis of Rules is a Policy Decision || Del. HC: Where Arbitrator has Taken Plausible View, Court Cannot Interfere u/s 34 of A&C Act || Ker. HC: No Question of Estoppel Against Party Where Error is Committed by Court Itself || Supreme Court: Revenue Entries are Admissible as Evidence of Possession || SC: Mere Breakup of Relationship Between Consenting Couple Can’t Result in Criminal Proceedings || SC: Bar u/s 195 CrPC Not Attracted Where Proceedings Initiated Pursuant to Judicial Order || NTF Gives Comprehensive Suggestions on Enhancing Better Working Conditions of Medical Professions

Banks now able to authorise establishment of branch office of foreign entities- (Reserve Bank of India) (12 Apr 2016)

MANU/PIBU/0372/2016

Commercial

The Reserve Bank of India has empowered AD Cat-I Banks to grant approvals for establishment of Branch Offices, Liaison Offices and Projects Offices in India by foreign entities. Certain off-limits sectors such as Defence and entities from a few excepted countries still require RBI approval for the same. No other changes have been made to FEMA regulations pertaining to establishment of branch or other offices.

Relevant : Foreign Exchange Management (Establishment in India of Branch or Office or other Place of Business) Regulations, 2000 MANU/RFEM/0014/2000

Tags : FOREIGN ENTITY BRANCH OFFICE BANK

Share :