Saving provision for foreign-held immovable property: existing lawful holdings need not be modified under the new regulations. Regulation 12 preserves pre-existing acquisitions of immovable property in India by persons resident outside India: holdings made in accordance with the ... Summary
Saving provision for foreign-held immovable property: existing lawful holdings need not be modified under the new regulations.
Regulation 12 preserves pre-existing acquisitions of immovable property in India by persons resident outside India: holdings made in accordance with the policy at the time of acquisition are governed by that prior policy and do not require modification to conform to the 2018 Regulations.
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