FOREIGN EXCHANGE MANAGEMENT (ISSUE OF SECURITY IN INDIA BY A BRANCH, OFFICE OR AGENCY OF A PERSON RESIDENT OUTSIDE INDIA) REGULATIONS, 2000 (From Regulation 1 to Regulation 4)
Reserve Bank permission to transfer or issue securities enables regulated cross-border securities transactions by foreign branches in India. The Reserve Bank may, on application and being satisfied that it is necessary, permit a branch, office or agency in India of a person resident outside India to transfer or issue any security or foreign security in India, subject to such terms and conditions as it considers necessary.
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.
Provisions expressly mentioned in the judgment/order text.
Reserve Bank permission to transfer or issue securities enables regulated cross-border securities transactions by foreign branches in India.
The Reserve Bank may, on application and being satisfied that it is necessary, permit a branch, office or agency in India of a person resident outside India to transfer or issue any security or foreign security in India, subject to such terms and conditions as it considers necessary.
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