https://www.taxtmi.com/acts?id=2063 Regulation 3 prohibits any person resident outside India from issuing or transferring any security except as otherwise provided in the Act or subordinate rules; securities issued prior to and held on commencement are deemed issued under these Regulations; and the Reserve Bank may, on application and for sufficient reasons, permit issuance or transfer subject to conditions. The 2000 Regulations have been superseded by the 2017 Regulations. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 21 Jun 2025 09:36:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2063 Regulation 3 prohibits any person resident outside India from issuing or transferring any security except as otherwise provided in the Act or subordinate rules; securities issued prior to and held on commencement are deemed issued under these Regulations; and the Reserve Bank may, on application and for sufficient reasons, permit issuance or transfer subject to conditions. The 2000 Regulations have been superseded by the 2017 Regulations. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2063