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October 2014

A. P. (DIR Series) Circular No. 23 dated 2nd September, 2014

By Gaurang Gandhi Chartered Accountant

Reading Time 1 mins

Three divisions of Foreign Exchange Department shifted to FED CO Cell at New Delhi

This circular states that, with effect from 15th July, 2014, the following three divisions of Foreign Investment Division (FID): –

a. Liaison/Branch/Project Office (LO/BO/PO) Division,
b. N on Resident Foreign Account Division (NRFAD ), and
c. Immovable Property (IP) Division

have been shifted to New Delhi. The address for correspondence for the three divisions is FED, CO Cell, Foreign Exchange Department, Reserve Bank of India, New Delhi Regional Office, 6, Parliament Street, New Delhi – 110 001, India.

This circular states that all applications, returns, etc. pertaining to the above three divisions (including extension or closure of LO/BO) must be sent to the FED CO Cell at New Delhi. Online reports for NRFAD can continue to be emailed at the same email address as earlier.

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