FEMA related

This query is : Resolved 

03 February 2009 Dear Sir/Madam

Can a Person Resident Outside India give guarantee in respect of a Loan taken by a Person Resident in India (Loan is taken from a Person Resident In India).

Pls give answer with Sections of FEMA.

03 February 2009 No.

05 February 2009 I will send you the page number of the notification from SnowwhiteBook.




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