Bank may, notwithstanding such transfer, act as the trustee of the transferee. 23. Loans in foreign currency.
(1) Notwithstanding anything contained in the Foreign Exchange
immovable property was paid in foreign exchange received through banking channels or out of funds held in Foreign Currency Non-Resident Account ... resident in India under the provisions of the Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations, 2000, as amended from time to time
foreign exchange received through normal banking channels or out of funds held in Foreign Currency Non-Resident Account or (b) the foreign currency equivalent ... resident in India under the provisions of the Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations, 2000 (Notification No. FEMA 3/2000
attached to, or subsisting upon, the land of another; (g) “foreign country” means any country other than India; (h) “good faith”— nothing shall be deemed ... breach of a contract or the breach of a trust; (n) “trustee” does not include a benamidar, a mortgagee remaining in possession after the mortgage
payable on the bankruptcy commencement date, to the bankruptcy trustee. (2) Subject to any contract to the contrary, the person under sub-regulation (1) shall ... information available with him. 18. Debt in foreign currency.
- The claims denominated in foreign currency shall be valued in Indian currency at the official exchange
Company (i) Company name (ii) Company Identity Number (CIN) or foreign company registration number OR (f) Trust (i) Name of the Trust (ii) Whether Private ... Trust, if any (iv) Trust Permanent Account Number (v) Name of the Trustee/person who is making assignment of receivables belonging to the Trust Title
Provided that the terms and conditions stipulated in Foreign Exchange Management (Transfer and Issue of Foreign Security) (Amendment) Regulations, 2004 for promoting or setting ... same meaning as assigned to it in Foreign Exchange Management (Transfer or Issue of Any Foreign Security) (Amendment) Regulations, 2004.] (c) an agent in India
financial institution, insurance company, bank, state financial corporation, state industrial development corporation, [trustee or [asset reconstruction company] [Substituted by the Enforcement of Security Interest ... Debts Laws (Amendment) Act, 2004 ( 30 of 2004 ), Section 2, for "trustee or any asset management company making investment on behalf of mutual fund
The Insurance Act, 1938
UNION OF INDIA
India
The Insurance Act, 1938
Act 4 of
stocks, funds and securities (other than immovable property) in which a trustee is authorised to invest trust money by any law for the time being ... such banks, or financial institution, as the case may be, to purchase foreign exchange from the Bank for the purpose of financing the import