FOREIGN EXCHANGE MANAGEMENT (TRANSFER OR ISSUE OF ANY FOREIGN SECURITY) (AMENDMENT) REGULATIONS, 2004Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2004
FOREIGN EXCHANGE MANAGEMENT (TRANSFER OR ISSUE OF ANY FOREIGN SECURITY) (AMENDMENT) REGULATIONS, 2004Foreign 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
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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.
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