Escrow account eligibility: resident and non resident acquirers may open INR escrow with authorised bank for capital instrument transfers. Resident and non resident acquirers may open an INR Escrow Account with an authorised dealer bank as escrow agent for acquisition or transfer of capital ... Summary
Escrow account eligibility: resident and non resident acquirers may open INR escrow with authorised bank for capital instrument transfers.
Resident and non resident acquirers may open an INR Escrow Account with an authorised dealer bank as escrow agent for acquisition or transfer of capital instruments and convertible notes, subject to the regulatory framework for non debt instruments and the specified terms and conditions under the applicable deposit/escrow regulatory schedule.
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