STUDY MATERIAL EXECUTIVE PROGRAMME
ISTUDY MATERIALEXECUTIVE PROGRAMMEECONOMIC, BUSINESS AND COMMERCIAL LAWSMODULE 2PAPER 7 THE INSTITUTE OF COMPANY SECRETARIES OF INDIAii THE INSTITUTE OF COMPANY SECRETARIES OF INDIATIMING OF HEADQUARTERSMonday to FridayOffice Timings to Dealing TimingsWithout financial transactions to With financial transactions to , Typesetting by MP Printers, Phase-II, Noida 201305, andPrinted at MP Printers/November 2021 iiiEXECUTIVE PROGRAMME ECONOMIC, BUSINESS AND COMMERCIAL LAWSIndia redrafted its economic policy to usher in a new era of deregulation, liberalisation and global integration. Since then significant policy initiatives have been introduced, to provide stimulus for accelerated growth, industrial efficiency and international competitiveness.
Lesson 2 - Foreign Exchange Management Act, 1999 – Introduction The Foreign Exchange Management Act, 1999 (FEMA) is an Act of the Parliament of India to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and
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