have an account.
(1) The Authority shall open a separate Development Fees Escrow Account for each airport where development fees has been levied ... Development Fees Escrow Account shall have the following sub-accounts maintained, controlled and operated by a scheduled bank as per the escrow agreement
development project and such escrow account shall be operated jointly by the Authority and the lessee under a tripartite escrow agreement signed with the escrow ... after fulfillment of conditions specified in the lease agreement and in case of projects where escrow account is not necessary, the lessee shall be required
development project and such escrow account shall be operated jointly by the Authority and the lessee under a tripartite escrow agreement signed with the escrow ... after fulfillment of conditions specified in the lease agreement and in case of projects where escrow account is not necessary, the lessee shall be required
The Foreign Exchange Management (Deposit) Regulations, 2000
UNION OF INDIA
India
The Foreign Exchange Management
have an account.
(1) The Authority shall open a separate Development Fees Escrow Account for each airport where development fees has been levied ... Development Fees Escrow Account shall have the following sub-accounts maintained, controlled and operated by a scheduled bank as per the escrow agreement
Government agency arising out of a concession agreement; (e) opening and operation of escrow account; (f) conferment of a right to develop any land ... agreement requiring the developer to maintain the project constructed by him for a period specified in such agreement,- (a) there shall be opened an escrow
Government agency arising out of a concession agreement; (e) opening and operation of escrow account; (f) conferment of a right to develop any land
eighteen months from the date of the transfer agreement; or (b) can be settled through an escrow arrangement between the buyer and the seller ... period not exceeding eighteen months from the date of the transfer agreement; or (c) can be indemnified by the seller for a period not exceeding
time to time.] [C. A person resident outside India may open an Escrow account with an authorized dealer bank in Indian Rupees in India, subject ... date of the transfer agreement. For this purpose, if so agreed between the buyer and the seller, an escrow arrangement may be made between
Board. 16. Parameters for concession agreement or arrangement.
- The following parameters for a concession agreement or arrangement shall define the suitability of a project ... years from the date of agreement or arrangement of implementation of a project ; (b) the concession agreement or arrangement may provide for financial participation
