DOES AN AMENDMENT TO FEMA REGULATIONS BY RBI NEED PARLIAMENT’S APPROVAL?
In this brief column M R Madhavan of PRS Legislative explains what Parliament has been voting on this week and whether amendments to FEMA regulations by RBI need approval by either or both houses of Parliament.
On w...
The government has listed the Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Bill, 2011, for consideration and passing during the current session of Parliament. This Bill amends two Acts: The Securitisation and Reconstruction of Financial Assets and Enforcement of Security I...
