FOREIGN EXCHANGE MANAGEMENT (TRANSFER OR ISSUE OF ANY FOREIGN SECURITY) (AMENDMENT) REGULATIONS, 2004 - Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2004
FOREIGN EXCHANGE MANAGEMENT (TRANSFER OR ISSUE OF ANY FOREIGN SECURITY) (AMENDMENT) REGULATIONS, 2004 - Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2004
Prohibition on transfer of foreign securities: residents barred unless central bank permits transfer on application. Prohibits any person resident in India from issuing or transferring a foreign security, subject to exceptions in the Act, rules, regulations or ... Summary
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Prohibition on transfer of foreign securities: residents barred unless central bank permits transfer on application.
Prohibits any person resident in India from issuing or transferring a foreign security, subject to exceptions in the Act, rules, regulations or directions; the Reserve Bank may, on application, permit a resident to issue or transfer a foreign security.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
Join Channel
TaxTMI 
