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FEMA definition

FEMA means the Foreign Exchange Management Act, 1999;

Examples of FEMA in a sentence

  • Any refund, transfer of security, if provided in terms of the Agreement shall be made in accordance with the provisions of FEMA orstatutory enactments or amendments thereof and the Rules and Regulation 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 2 comply with the applicable guidelines issued by the Reserve Bank of India, he/ she may be liable for any action under FEMA or other laws as applicable, as amended from time to time.


More Definitions of FEMA

FEMA has the meaning assigned to such term in the definition ofCollateral and Guarantee Requirement.”
FEMA means the Federal Emer- gency Management Agency.
FEMA means the Foreign Exchange Management Act, 1999 (42 of 1999).
FEMA has the meaning set forth in Section 5.11.
FEMA means the Foreign Exchange Management Act, 1999 of India, the rules and regulations notified thereunder and any amendments thereto. The restrictions under FEMA, as referred to in this Appendix A and as existing on the effective date of this Appendix A, shall be read to include the amendments made to FEMA subsequent to the effective date of this Appendix A and will be deemed to have always included such amendments.