Prohibition on issue or transfer of foreign securities limits residents from issuing or transferring securities unless permitted by Reserve Bank. Residents of India are generally barred from issuing or transferring foreign securities, subject to statutory exceptions, and may do so only with ... Summary
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.
Prohibition on issue or transfer of foreign securities limits residents from issuing or transferring securities unless permitted by Reserve Bank.
Residents of India are generally barred from issuing or transferring foreign securities, subject to statutory exceptions, and may do so only with permission granted by the Reserve Bank on application; the regulation has been superseded by a later notification.
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