Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Twelth Amendment) Regulations, 2014. - 315/2014-RB - Foreign Exchange Management
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Issuance of equity shares against payable funds permitted for non-residents subject to FDI caps, pricing rules and tax netting. Amendment permits issuance of equity shares to non-residents against funds payable by the investee company where remittance does not require prior FEMA permission, subject to extant FDI sectoral caps and pricing guidelines as amended by the Reserve Bank, and subject to applicable tax laws with conversion net of taxes.
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.
Issuance of equity shares against payable funds permitted for non-residents subject to FDI caps, pricing rules and tax netting.
Amendment permits issuance of equity shares to non-residents against funds payable by the investee company where remittance does not require prior FEMA permission, subject to extant FDI sectoral caps and pricing guidelines as amended by the Reserve Bank, and subject to applicable tax laws with conversion net of taxes.
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