Transfer under FEMA includes sale, purchase, exchange and other transfers of rights, title, possession or lien. Transfer is defined to encompass a broad range of transactional modes by which rights, title, possession or lien may pass, expressly covering sale, ... Summary
Transfer under FEMA includes sale, purchase, exchange and other transfers of rights, title, possession or lien.
Transfer is defined to encompass a broad range of transactional modes by which rights, title, possession or lien may pass, expressly covering sale, purchase, exchange, mortgage, pledge, gift, loan and any other form of transfer of right, title, possession or lien, thereby treating varied commercial and non commercial conveyances as forms of transfer for regulatory purposes.
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