Common use of COMPLIANCE OF LAWS RELATING TO REMITANCES Clause in Contracts

COMPLIANCE OF LAWS RELATING TO REMITANCES. 3.1. The Allottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act,1999, Reserve Bank of India Act,1934 and the Rules and Regulations made there under or any statutory amendments/modification(s) made thereof and all other applicable laws including that of remitt ance of payment acquisition/sole/transfer of immovable properties in India etc. and provide the Promoter/Developer with such permission, approvals which would enable the Promoter/Developer to fulfill its obligations under this, Agreement. Any refund, transfer of security, if provide in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act,1999 or the statutory enactments or amendments thereof and the Rules and Regulations of the Reserve Bank of India or any other applicable law. The Allottee understands and agrees that in the event of any failure on his/her part to comply with the applicable guidelines issued by the Reserve Bank of India, he/she may be liable for any action under the Foreign Exchange M anagement Act, 1999 or other laws as applicable, as amended from time to time.

COMPLIANCE OF LAWS RELATING TO REMITANCES. 3.1. 3.1 The Allottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act,1999Act, 1999, Reserve Bank of India Act,1934 Act, 1934 and the Rules and Regulations made there under thereunder or any statutory amendments/amendments / modification(s) made thereof and all other applicable laws including that of remitt ance remittance of payment acquisition/sole/acquisition / sale / transfer of immovable properties in India etc. and provide the Promoter/Developer Promoter with such permission, approvals which would enable the Promoter/Developer Promoter to fulfill its obligations under this, this Agreement. Any refund, transfer of security, if provide provided in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act,1999 Act, 1999 or the statutory enactments or amendments thereof and the Rules and Regulations of the Reserve Bank of India or any other applicable law. The Allottee Alottee understands and agrees that in the event of any failure on his/her part to comply with the applicable guidelines issued by the Reserve Bank of India, he/she may be liable for any action under the Foreign Exchange M anagement Management Act, 1999 or other laws as applicable, as amended from time to time.

COMPLIANCE OF LAWS RELATING TO REMITANCES. 3.1. The Allottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act,1999, Reserve Bank of India Act,1934 and the Rules and Regulations made there under or any statutory amendments/modification(s) made thereof and all other applicable laws including that of remitt ance remittance of payment acquisition/sole/transfer of immovable properties in India etc. and provide the Promoter/Developer with such permission, approvals which would enable the Promoter/Developer to fulfill its obligations under this, Agreement. Any refund, transfer of security, if provide in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act,1999 or the statutory enactments or amendments thereof and the Rules and Regulations of the Reserve Bank of India or any other applicable law. The Allottee understands and agrees that in the event of any failure on his/her part to comply with the applicable guidelines issued by the Reserve Bank of India, he/she may be liable for any action under the Foreign Exchange M anagement Management Act, 1999 or other laws as applicable, as amended from time to time.

COMPLIANCE OF LAWS RELATING TO REMITANCES. 3.1. 3.1 The Allottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act,1999Act, 1999, Reserve Bank of India Act,1934 Act, 1934 and the Rules and Regulations made there under thereunder or any statutory amendments/amendments / modification(s) made thereof and all other applicable laws including that of remitt ance remittance of payment acquisition/sole/acquisition / sale / transfer of immovable properties in India etc. and provide the Promoter/Developer Promoter with such permission, approvals which would enable the Promoter/Developer Promoter to fulfill its obligations under this, this Agreement. Any refund, transfer of security, if provide provided in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act,1999 Act, 1999 or the statutory enactments or amendments thereof and the Rules and Regulations of the Reserve Bank of India or any other applicable law. The Allottee Alottee understands and agrees that in the event of any failure on his/her her/its part to comply with the applicable guidelines issued by the Reserve Bank of India, he/she she/it may be liable for any action under the Foreign Exchange M anagement Management Act, 1999 or other laws as applicable, as amended from time to time.

COMPLIANCE OF LAWS RELATING TO REMITANCES. 3.1. 3.1 The Allottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act,1999Act 1999, the Reserve Bank of India Act,1934 Act, 1934 and the Rules rules and Regulations regulations made there under thereunder or any statutory amendments/amendment(s)/ modification(s) made thereof and all other applicable laws Applicable Laws, including that of remitt ance remittance of payment acquisition/sole/acquisition/ sale/ transfer of immovable properties in India etc. and provide the Promoter/Developer Promoter with such permission, approvals which would enable the Promoter/Developer Promoter to fulfill fulfil its obligations under this, this Agreement. Any refund, transfer of security, if provide provided in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act,1999 Act or the statutory enactments or amendments thereof and the Rules rules and Regulations regulations of the Reserve Bank of India or any other applicable lawApplicable Law. The Allottee understands and agrees that in the event of any failure on his/her her/its part to comply with the applicable guidelines issued by the Reserve Bank of India, he/she she/it may be liable for any action under the Foreign Exchange M anagement Act, 1999 Management Act or other laws as applicable, as amended from time to time.

COMPLIANCE OF LAWS RELATING TO REMITANCES. 3.1. 3.1 The Allottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act,1999Act, 1999, Reserve Bank of India Act,1934 Act, 1934 and the Rules and Regulations made there under under, or any statutory amendments/modification(s) made thereof and all other applicable laws including that of remitt ance remittance of payment acquisition/solesale/transfer of immovable properties in India etc. and provide the Promoter/Developer Promoter with such permission, approvals which would enable the Promoter/Developer Promoter to fulfill its obligations under this, this Agreement. Any refund, transfer of security, if provide provided in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act,1999 Act, 1999, or the statutory enactments or amendments thereof and the Rules and Regulations of the Reserve Bank of India or any other applicable law. The Allottee understands and agrees that in the event of any failure on his/her part to comply with the applicable guidelines issued by the Reserve Bank of India, he/she may be liable for any action under the Foreign Exchange M anagement Management Act, 1999 1999, or other laws as applicable, as amended from time to time.

COMPLIANCE OF LAWS RELATING TO REMITANCES. 3.1. The Allottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act,1999, Reserve Bank of India Act,1934 and the Rules and Regulations made there under or any statutory amendments/modification(s) made thereof and all other applicable laws including that of remitt ance of payment acquisition/sole/transfer of immovable properties in India etc. and provide the Promoter/Developer with such permission, approvals which would enable the Promoter/Developer to fulfill its obligations under this, Agreement. Any refund, transfer of security, if provide in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act,1999 or the statutory enactments or amendments thereof and the Rules and Regulations of the Reserve Bank of India or any other applicable law. The Allottee understands and agrees that in the event of any failure on his/her part to comply with the applicable guidelines issued by the Reserve Bank of India, he/she may be liable for any action under the Foreign Exchange M anagement Management Act, 1999 or other laws as applicable, as amended from time to time.

COMPLIANCE OF LAWS RELATING TO REMITANCES. 3.1. 3.1 The Allottee, Allottee(s) if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act,1999Act, 1999, Reserve Bank of India Act,1934 Act, 1934 and the Rules and Regulations made there under thereunder or any statutory amendments/modification(s) made thereof and all other applicable laws including that of remitt ance remittance of payment acquisition/sole/transfer of immovable immoveable properties in India etc. and provide the Promoter/Developer SUB LESSOR / PROMOTER with such permission, approvals which would enable the Promoter/Developer SUB LESSOR / PROMOTER to fulfill fulfil its obligations under this, this Agreement. Any refund, transfer of security, if provide provided in terms of the Agreement shall be made in accordance with the provisions of the Foreign Exchange Management Act,1999 Act, 1999 or the any other statutory enactments or amendments thereof and thereof, the Rules and Regulations of the Reserve Bank of India or any other applicable law. The Allottee understands Allottee(s) understand(s) and agrees agree(s) that in the event of any failure on his/her her/its part to comply with the applicable guidelines issued by the Reserve Bank of India, he/she she/it may be liable for any action under the Foreign Exchange M anagement Management Act, 1999 or other laws as applicable, as amended from time to time.

COMPLIANCE OF LAWS RELATING TO REMITANCES. 3.1. 3.1 The Allottee, Allottee(s) if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act,1999Act, 1999, Reserve Bank of India Act,1934 Act, 1934 and the Rules and Regulations made there under thereunder or any statutory amendments/modification(s) made thereof and all other applicable laws including that of remitt ance remittance of payment acquisition/sole/transfer of immovable immoveable properties in India etc. and provide the Promoter/Developer PROMOTER with such permission, approvals which would enable the Promoter/Developer PROMOTER to fulfill fulfil its obligations under this, this Agreement. Any refund, transfer of security, if provide provided in terms of the Agreement shall be made in accordance with the provisions of the Foreign Exchange Management Act,1999 Act, 1999 or the any other statutory enactments or amendments thereof and thereof, the Rules and Regulations of the Reserve Bank of India or any other applicable law. The Allottee understands Allottee(s) understand(s) and agrees agree(s) that in the event of any failure on his/her her/its part to comply with the applicable guidelines issued by the Reserve Bank of India, he/she she/it may be liable for any action under the Foreign Exchange M anagement Management Act, 1999 or other laws as applicable, as amended from time to time.

COMPLIANCE OF LAWS RELATING TO REMITANCES. 3.1. 3.1 The Allottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act,1999Xxx 0000, the Reserve Bank of India Act,1934 Act, 1934 and the Rules rules and Regulations regulations made there under thereunder or any statutory amendments/amendment(s)/ modification(s) made thereof and all other applicable laws Applicable Laws, including that of remitt ance remittance of payment acquisition/sole/acquisition/ sale/ transfer of immovable properties in India etc. and provide the Promoter/Developer Promoter with such permission, approvals which would enable the Promoter/Developer Promoter to fulfill fulfil its obligations under this, this Agreement. Any refund, transfer of security, if provide provided in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act,1999 Act or the statutory enactments or amendments thereof and the Rules rules and Regulations regulations of the Reserve Bank of India or any other applicable lawApplicable Law. The Allottee understands and agrees that in the event of any failure on his/her her/its part to comply with the applicable guidelines issued by the Reserve Bank of India, he/she she/it may be liable for any action under the Foreign Exchange M anagement Act, 1999 Management Act or other laws as applicable, as amended from time to time.