https://www.taxtmi.com/acts?id=2178 Transfer or issue of securities by Indian branches, offices or agencies of persons resident outside India is prohibited unless permitted under the Foreign Exchange Management Act, applicable rules or regulations, or by the Reserve Bank through general or special permission. The restriction covers the transfer or issue in India of any security or foreign security. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 11 Sep 2026 11:22:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2178 Transfer or issue of securities by Indian branches, offices or agencies of persons resident outside India is prohibited unless permitted under the Foreign Exchange Management Act, applicable rules or regulations, or by the Reserve Bank through general or special permission. The restriction covers the transfer or issue in India of any security or foreign security. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2178