Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Thirteenth Amendment) Regulations, 2015 - 360/2015-RB - Foreign Exchange Management
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Security receipts permitted for non-resident investment when issued by securitisation companies under prescribed regulatory conditions. Amendment inserts security receipts issued by securitisation companies into Schedule 5 of the FEMA regulations as eligible for transfer or issue to persons resident outside India, conditional on meeting requirements specified by the regulatory authorities; the change is effected across multiple paragraphs of Schedule 5 and takes effect on Gazette publication.
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.
Security receipts permitted for non-resident investment when issued by securitisation companies under prescribed regulatory conditions.
Amendment inserts security receipts issued by securitisation companies into Schedule 5 of the FEMA regulations as eligible for transfer or issue to persons resident outside India, conditional on meeting requirements specified by the regulatory authorities; the change is effected across multiple paragraphs of Schedule 5 and takes effect on Gazette publication.
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