FOREIGN EXCHANGE MANAGEMENT (TRANSFER OR ISSUE OF SECURITY BY A PERSON RESIDENT OUTSIDE INDIA) REGULATIONS, 2000 - Foreign Exchange Management (Transfer or Issue Of Security By A Person Resident Outside India) Regulations, 2000
FOREIGN EXCHANGE MANAGEMENT (TRANSFER OR ISSUE OF SECURITY BY A PERSON RESIDENT OUTSIDE INDIA) REGULATIONS, 2000 - Foreign Exchange Management (Transfer or Issue Of Security By A Person Resident Outside India) Regulations, 2000
Acquisition of bonus shares: non-resident shareholders may receive bonus shares only if original shares met acquisition rules and repatriability conditions. An Indian company may issue bonus shares to non-resident shareholders only if the original shares were acquired or held in accordance with applicable ... Summary
Acquisition of bonus shares: non-resident shareholders may receive bonus shares only if original shares met acquisition rules and repatriability conditions.
An Indian company may issue bonus shares to non-resident shareholders only if the original shares were acquired or held in accordance with applicable rules or regulations, and any bonus shares so issued remain subject to the same conditions and restrictions, including on repatriability, that applied to the original shares.
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