Acceptance of equity in lieu of professional fees permitted with central bank permission and company-specific limits. A proprietary concern in India may apply to the Reserve Bank for general permission to accept shares of a company outside India in lieu of fees for professional services, for a specified period. Acceptance is subject to two conditions: a limit on the value of shares accepted from any one foreign company relative to fees receivable, and a cap on the concern's resultant shareholding in any one foreign company measured against its paid-up capital.