RBI Act definition

RBI Act means the Reserve Bank of India Act, 1934, as amended from time to time.

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RBI Act means the Reserve Bank of India Act, 1934, as amended from time to time; “Relative” has the meaning ascribed to it in the Act;

RBI Act means the Reserve Bank of India Act, 1934, including any statutory modification or re- enactment thereof;

Examples of RBI Act in a sentence

• The Allottee, if residence outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act,1999 ('FEMA'), Reserve Bank of India Act, 1934 ('RBI' Act) and the Rules and Regulation made thereunder or any statutory amendments or modifications made thereof and all others applicable laws including that of remittance of payment, acquisition/ sale/ transfer of immovable properties in India etc.

• 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 ('FEMA'), Reserve Bank of India Act, 1934 ('RBI' Act) and the Rules and Regulation made thereunder or any statutory amendments or modification(s) made thereof and all other applicable laws including that of remittance of payment, acquisition/ sale/ transfer of immovable properties in India etc.

• Keep the grant-in-aid assistance in separate no-lien account in the name of the Company with a Scheduled Bank (as defined under the RBI Act, 1934), the withdrawals and payments from which account shall be subject to verification by IGSTC.

• The Allottee, if residence outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act,1999 ('FEMA'), Reserve Bank of India Act, 1934 ('RBI' Act) and the Rules and Regulation made there under or any statutory amendments or modifications made thereof and all others applicable laws including that of remittance of payment, acquisition/ sale/ transfer of immovable properties in India etc.

• The Company shall keep the Grant-in-aid assistance and their project contribution in a separate no-lien account in the name of the Company with a Scheduled Bank (as defined under the RBI Act, 1934), the withdrawals and payments from which account shall be subject to verification by BIRAC.

• The Allottee(s), if residence outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act,1999 ('FEMA'), Reserve Bank of India Act, 1934 ('RBI' Act) and the Rules and Regulation made thereunder or any statutory amendments or modifications made thereof and all others applicable laws including that of remittance of payment, acquisition/ sale/transfer of immovable properties in India etc.

• The Allottee(s), if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act,1999 ('FEMA'), Reserve Bank of India Act, 1934 ('RBI' Act) and the rules and regulation made thereunder or any statutory amendments or modifications made thereof and all others applicable laws including that of remittance of payment, acquisition/ sale/ transfer of immovable properties in India etc.

• In accordance with the provisions of section 45- IC of the RBI Act, 1934, the Company has to create a Reserve Fund.

• The Allottee(s), if resident of outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999 ('FEMA'), Reserve Bank of India Act, 1934 ('RBI' Act) and the Rules and Regulation made there under or any statutory amendments or modifications made thereof and all others applicable laws including that of remittance of payment, acquisition/ sale/ transfer of immovable properties in India etc.

• C18.1 The Tenderer shall submit with his Tender a Tender Security for the sum mentioned in Appendix 1 to the Form of Tender in the form of an irrevocable bank guarantee issued by a Scheduled Commercial Bank in India or from a Scheduled Foreign Bank as defined in Section 2(e) of RBI Act 1934 read with 2nd Schedule in the form given in Annexure 3 to the Instruction to Tenderers.

More Definitions of RBI Act

RBI Act means the Reserve Bank of India Act, 1934, including any statutory

RBI Act means the Reserve Bank of India Act, 1934, together with all rules, regulations, circulars, notifications, clarifications and orders issued by a governmental authority in respect of the foregoing, as amended, modified, supplemented or re-enacted from time to time;

RBI Act means Reserve Bank of India Act, 1934, including any statutory modification or re-enactment thereof.