Saving provision for foreign-held immovable property: existing lawful holdings need not be modified under the new regulations. Regulation 12 preserves pre-existing acquisitions of immovable property in India by persons resident outside India: holdings made in accordance with the policy at the time of acquisition are governed by that prior policy and do not require modification to conform to the 2018 Regulations.
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.
Saving provision for foreign-held immovable property: existing lawful holdings need not be modified under the new regulations.
Regulation 12 preserves pre-existing acquisitions of immovable property in India by persons resident outside India: holdings made in accordance with the policy at the time of acquisition are governed by that prior policy and do not require modification to conform to the 2018 Regulations.
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