Rule 16, Maharashtra Mines and Minerals (Development and Regulation) Act, 1957 (Records and Returns) Rules, 2006 [S7Q-A65]
As at 7 September 2026. In force from 13 September 2006.
Conditions of registration.—Every overseas investor shall carry on investment in India by a person resident outside India only at the premises specified in the certificate of registration, shall keep every foreign exchange in his possession in a safe and proper manner and separately from anything of a different description, shall produce every such foreign exchange for inspection on request by the Joint Director General of Foreign Trade, and shall not part with the certificate of registration to any other person.
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