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June 2008

A.P. (DIR Series) Circular No. 41, dated 28-4-2008 — Foreign investment in Commodity Exchanges — Amendment to the Foreign Direct Investment Scheme.

By Pinky Shah, Sonalee Godbole, Gaurang Gandhi, Chartered Accountants
Reading Time 1 mins
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Part C : RBI/FEMA


Given below are the highlights of RBI Circulars and
Notifications.


11 A.P. (DIR Series) Circular No. 41, dated
28-4-2008 — Foreign investment in Commodity Exchanges — Amendment to the Foreign
Direct Investment Scheme.

Pursuant to Press Note No. 2 (2008) issued by Commerce
Ministry (see April 2008 BCAJ, page 97).

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