Indian currency definition

Indian currency means Indian Rupees (INR).

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Indian currency means currency which is expressed or drawn in Indian rupees but does not include special bank notes and special one rupee notes issued under section 28A of the Reserve Bank of India Act, 1934 (2 of 1934);

Indian currency means the currency of Government of India.

Examples of Indian currency in a sentence

• All references to monetary amounts in this Agreement shall be to Indian currency.

• All claims under the policy shall be payable in Indian currency only.

• BIDDING CURRENCY AND UNIT OF MEASUREMENT: Bidding will be conducted in Indian currency & Unit of Measurement will be displayed in Online E-tendering.

• If any member is to be interviewed, that person may ask to be accompanied by a friend, employee representative or other supporter.

• All claims under the policy shall be paid in Indian currency only.

• Claims shall be paid by New India in Indian currency to the Insured or to the other person included within the expression of the terms Insured, subject to and in accordance with the limit of liability specified in the Schedule annexed hereto.

• All the payments against the work order shall be in Indian currency and payable through cheque only.

• They shall also be allowed to repatriate their currency holding which shall be converted into Indian currency or US Dollars.

• All the payments against the work order shall be in Indian currency and payable through cheque/RTGS only.

• All Claims under this policy shall be payable in Indian currency.

More Definitions of Indian currency

Indian currency means any currency which is legal tender in India.

Indian currency means currency which is expressed or drawn in Indian rupees but does not include special bank notes and special one rupee notes issued under section 28A of Reserve Bank of India Act, 1934 (these are issued on special occasions like Gandhi centenary etc.). (Section 2(q) FEMA)

Indian currency means currency which isexpressed or drawn in Indian rupees but does not include special bank notes and specialone rupee notes issued under section 28A of the Reserve Bank of India Act, 1934 (2 of1934);

Indian currency shall have the meaning as assigned to it in section 2 of the Foreign Exchange Management Act, 1999;