Definitions of resident status and authorised intermediary roles shape foreign investment regulation and eligibility criteria. Regulation 2 defines terms governing foreign investment in domestic firms, including authorised bank and authorised dealer, and sets residency based ... Summary
Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2017
Definitions of resident status and authorised intermediary roles shape foreign investment regulation and eligibility criteria.
Regulation 2 defines terms governing foreign investment in domestic firms, including authorised bank and authorised dealer, and sets residency based categories such as Non-Resident Indian and Person of Indian Origin, with undefined expressions taking their meanings from the Act; the regulation has been superseded by later regulations.
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