Which approval will be required for this question? Topic - FEMA,1999 LAW

Akky Bafna (6 Points)

31 August 2019  
referring to the provisions of foreign exchange management act 1999, state the kid of approval required:-

:- XYZ limited, a company incorporated in India under the companies act 1956, want to withdraw U.S. $500000. for a short-term credit to its overseas office situated in Australia.