Examples of ODI Regulations in a sentence
All guarantees by BPCL, as the Guarantor, which would be applicable to the Notes when the Notes are issued by a New Issuer shall be subject to applicable laws including, but not limited to, the Foreign Exchange Management (Guarantees) Regulations, 2000, as amended (the FEMA Guarantees Regulations) and the Foreign Exchange Management (Transfer or Issue of any Foreign Security) Regulations, 2004, as amended (the FEMA ODI Regulations).
The Guarantor will comply with all requirements under applicable law, including the ODI Regulations, that may be required to give effect to such increase or decrease in its aggregate potential liability under the Guarantee.3.4 Release of the Guarantee The Guarantee in respect of each Series of Notes shall be in effect for the period commencing on (and including) the relevant Issue Date and ending on (and including) the first anniversary of the relevant Maturity Date (the Guarantee Period).
Any payment in excess of the Guaranteed Amount will require prior RBI approval under the FEMA ODI Regulations.
The Guarantor will comply with all requirements under applicable law, including the ODI Regulations, that may be required to give effect to such increase or decrease in its aggregate potential liability under the Guarantee.
Extant ODI Regulations are ambiguous on whether setting up further down line subsidiaries will require prior approval of the RBI.
The Guarantor shall be in compliance with the ODI Regulations at all times.
The Court was of the view that Regulation 9(3) the word “inter alia” of FEMA ODI Regulations must take its colour from the scheme, drift and tenor of the Act as well as Regulations.
LEGAL AND REGULATORY CONSIDERATIONS ODI Regulations Any Indian company that wishes to acquire or invest in a foreign company outside India must comply with the Foreign Exchange Management (Transfer or Issue of any Foreign Security) Regulations, 2004 (“ODI Regulations”).
With a view to maintain the momentum of public administration reform and improve governance, two projects have been selected, one of which will support local administrations.
Extant ODI Regulations are ambiguous on whether setting up further down line subsidiaries will require prior approval of the RBI.14“ In all cases where an inducement fee is proposed, certain safeguards must be observed.