https://www.taxtmi.com/acts?id=2417 Residents of India are generally barred from issuing or transferring foreign securities, with a specific exception permitting Indian companies and parliamentary bodies to issue Foreign Currency Convertible Bonds (FCCBs) subject to tiered permissions: adherence to Schedule II conditions for issues within a lower threshold, Reserve Bank approval in a prescribed form for larger issues, and Government approval for the largest issues. Entities receiving Government approval must, within thirty days, report to the Reserve Bank with the approval copy, total issue amount, investor details and bank certification of repatriated or NRE/FCNR-debited funds. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 25 Jun 2025 14:07:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2417 Residents of India are generally barred from issuing or transferring foreign securities, with a specific exception permitting Indian companies and parliamentary bodies to issue Foreign Currency Convertible Bonds (FCCBs) subject to tiered permissions: adherence to Schedule II conditions for issues within a lower threshold, Reserve Bank approval in a prescribed form for larger issues, and Government approval for the largest issues. Entities receiving Government approval must, within thirty days, report to the Reserve Bank with the approval copy, total issue amount, investor details and bank certification of repatriated or NRE/FCNR-debited funds. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2417