FOREIGN EXCHANGE MANAGEMENT (TRANSFER OR ISSUE OF SECURITY BY A PERSON RESIDENT OUTSIDE INDIA) REGULATIONS, 2000 (From Regulation 1 to Regulation SCHEDULE 11)
Deferred consideration limits in cross-border share transfers restrict deferred payments and permit escrow or indemnity subject to pricing compliance. Regulation 10A limits the portion of consideration that may be paid on a deferred basis in transfers between resident and non-resident parties, permits securing deferred amounts by escrow or, where full payment is made, by seller indemnity for a capped period from the transfer agreement, and requires that the total consideration comply with applicable pricing guidelines.
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Provisions expressly mentioned in the judgment/order text.
Deferred consideration limits in cross-border share transfers restrict deferred payments and permit escrow or indemnity subject to pricing compliance.
Regulation 10A limits the portion of consideration that may be paid on a deferred basis in transfers between resident and non-resident parties, permits securing deferred amounts by escrow or, where full payment is made, by seller indemnity for a capped period from the transfer agreement, and requires that the total consideration comply with applicable pricing guidelines.
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