UDESH REGULAR

FOR GROUP-1, MAY 2024

▪ Subject- CORPORATE AND OTHER LAWS

▪ Chapter- THE FOREIGN EXCHANGE MANAGEMENT ACT, 1999

▪ Lecture No.- OS
Topics to be Covered

Topic CAT Approval by Ch

I

Topic CAT approval by RBI

Topic

Topic

Topic
 Types of Transactions

CAPITAL ACCOUNT TRANSACTIONS CURRENT ACCOUNT TRANSACTIONS

- ALWAYS PROHIBITED UNLESS PERMITTED BY LAW - ALWAYS PERMITTED UNLESS PROHIBITED BY LAW

Non-Debt REGULATED BY CG
Debt Instruments
Instruments

Rules are Framed by

REGULATED BY RBI REGULATED BY CG
CG for this purpose

Regulations are
Rules are Framed by
Framed by RBI for
CG for this purpose
this purpose
 # CapitalTransaction
-
②
i -
Cast I Case - 2 Case 3

#
-

H H
->

⑳
-

freely Allowed Prohibited

Restrictions
wo any
by RBI out
- -
miss
-

E
Amortisation
Y
Schedule
of be
②Depreciation of Direct taut.
③ Section G(u) O Schedule
⑨ Section 6(5)
- -

H #
G
PRI PROI
 Current
All Transaction

E
-

-I
O
Prohibited Prior approval
- freely
YB
Transactions allowed
~

⑨
CG
-
-
=> Baaki
Saari
Transactio
- freely
 S
(a)
National
E =>
BCCI uvel Krishna
sport
t Remit Body

London
I
#
coldon
H
Cricket tournament
H Gi Tournament Cricket Towns
Prize ↓
$
rico
200000
I
5) 50000
No
approval ↳ No approval
is required
Vaibhav=(A)
-
-
-

MBA G
Harvard
-

②
-
USD
H
a00000
Estimate
I
-
 -
② &
=> -
Vibhuti
Resident

↳
but not
Perman

maxm
Job

G
India
C
-
O
Salary =>
-
Incomtax
Provfu
Y
PRI
-

Head
-

Gra
HOMEWORK
Thank You