Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Seventh Amendment) Regulations, 2016 - 368/2016-RB - Foreign Exchange Management
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Deferred payment for cross-border share transfers permitted subject to escrow or indemnity and compliance with pricing guidelines. Regulation 10A permits a buyer in transfers between resident and non-resident parties to pay a portion of the total consideration on a deferred basis for a limited period; the deferred portion may be secured by an escrow arrangement for that period or, if the full consideration is paid immediately, by a seller's indemnity for the same period. The total consideration ultimately paid must comply with applicable pricing guidelines.
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.
Deferred payment for cross-border share transfers permitted subject to escrow or indemnity and compliance with pricing guidelines.
Regulation 10A permits a buyer in transfers between resident and non-resident parties to pay a portion of the total consideration on a deferred basis for a limited period; the deferred portion may be secured by an escrow arrangement for that period or, if the full consideration is paid immediately, by a seller's indemnity for the same period. The total consideration ultimately paid must comply with applicable pricing guidelines.
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