Chapter VINVESTMENT BY AN INDIVIDUAL PERSON RESIDENT OUTSIDE INDIA INCLUDING A NONRESIDENT INDIAN OR AN OVERSEAS CITIZEN OF INDIA (From Rule 12 to Rule 13 )
Chapter XINVESTMENT BY PERMISSIBLE HOLDER IN EQUITY SHARES OF PUBLIC COMPANIES INCORPORATED IN INDIA AND LISTED ON INTERNATIONAL EXCHANGES (From Rule 34 )
Foreign Exchange Management (Non-debt Instruments) Rules, 2019 Chapter V INVESTMENT BY AN INDIVIDUAL PERSON RESIDENT OUTSIDE INDIA INCLUDING A NONRESIDENT INDIAN OR AN OVERSEAS CITIZEN OF INDIA
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Non-Resident investment rules permit NRI and OCI participation in Indian securities, derivatives, and entity capital subject to schedule conditions. Rule 12 permits an individual person resident outside India, including a Non-Resident Indian or Overseas Citizen of India, to make specified investments ... Summary
Non-Resident investment rules permit NRI and OCI participation in Indian securities, derivatives, and entity capital subject to schedule conditions.
Rule 12 permits an individual person resident outside India, including a Non-Resident Indian or Overseas Citizen of India, to make specified investments in Indian securities and entities subject to the prescribed schedules and conditions. On repatriation basis, such a person may purchase or sell equity instruments of a listed Indian company and other securities in accordance with Schedule III, while transfers of ownership or control to persons connected with land-border countries require prior Government approval. On non-repatriation basis, a NRI or OCI may invest in equity instruments, contribute to LLPs, firms, or proprietary concerns, trade exchange-traded derivatives, and deal in Indian Depository Receipts under the relevant schedules.
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