InfoAlert - Amendment to Non-debt Rules 2019

Published On: 05/08/2020

Authors:

Akhoury Winnie Shekhar
The Foreign Exchange Management (Non-debt Instruments) (Third Amendment) Rules, 2020[1] were introduced on July 27, 2020, which among other things, passes the baton from the government of India back to the RBI, for certain matters relating to FDI. INDUSLAW’s Winnie Shekhar and Abhishresth Goswami summarize and discuss the amendment.