Escrow account conditions for non-resident corporates require rupee non-interest-bearing accounts with SEBI-regulated credits and debits. Conditions require non-resident corporates to open non-interest-bearing Escrow and Special Accounts in Indian Rupees, jointly and severally, with Escrow credits limited to foreign inward remittances and debits per SEBI (SAST) or other SEBI regulations. Resident mandatees may operate the Escrow Account with Authorised Dealer approval; no fund or non-fund facilities are permitted against balances. Authorised Dealers must ensure KYC compliance. Escrow balances may be repatriated after acquisition formalities at prevailing exchange rates or returned if the acquisition fails, and accounts must be closed once requirements are completed.