FEMA & RBI

Overseas direct investment rules, RBI circulars, FEMA compounding cases, NRI compliance updates, and everything you need to know about India’s forex regulations.

Case Law, FEMA & RBI

Calcutta High Court: A CC/OD Account Cannot Be Classified as NPA Without Actual 90-Day Overdue or “Out of Order” Status — SARFAESI Notice Quashed

The Calcutta High Court quashes a bank’s SARFAESI Section 13(2) notice, holding that a Cash Credit/Overdraft account cannot be classified as a Non-Performing Asset unless it is actually overdue for more than 90 days or genuinely “out of order.”

Calcutta High Court: A CC/OD Account Cannot Be Classified as NPA Without Actual 90-Day Overdue or “Out of Order” Status — SARFAESI Notice Quashed Read Post »

RBI FEMA Guarantees Regulations 2026 illustration
FEMA & RBI, Notification

RBI Notifies FEMA (Guarantees) Regulations, 2026: Quarterly Form GRN Reporting Now Mandatory

RBI has replaced the year-2000 FEMA guarantee regulations with a 2026 framework that introduces mandatory quarterly reporting of cross-border guarantees in Form GRN, backed by Late Submission Fees for delay.

RBI Notifies FEMA (Guarantees) Regulations, 2026: Quarterly Form GRN Reporting Now Mandatory Read Post »

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