Transfer of capital instruments: cross border sale, gift or pledge allowed subject to entry routes, sectoral caps and pricing guidelines. Regulation 10 authorises cross border transfer, sale, gift, stock exchange sale and pledge of capital instruments and investment vehicle units subject to the applicable Schedules, prior Government approval where the sector requires it, Reserve Bank and SEBI pricing, documentation and reporting requirements, distinctions between repatriation and non repatriation treatments, temporary rectification periods for breaches of aggregate or sectoral limits after certain acquisitions, escrow/deferred consideration mechanisms for cross border transfers, and detailed pledge conditions including co terminus periods, invocation procedures, auditor certification and Authorised Dealer oversight.
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.
Transfer of capital instruments: cross border sale, gift or pledge allowed subject to entry routes, sectoral caps and pricing guidelines.
Regulation 10 authorises cross border transfer, sale, gift, stock exchange sale and pledge of capital instruments and investment vehicle units subject to the applicable Schedules, prior Government approval where the sector requires it, Reserve Bank and SEBI pricing, documentation and reporting requirements, distinctions between repatriation and non repatriation treatments, temporary rectification periods for breaches of aggregate or sectoral limits after certain acquisitions, escrow/deferred consideration mechanisms for cross border transfers, and detailed pledge conditions including co terminus periods, invocation procedures, auditor certification and Authorised Dealer oversight.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.