https://www.taxtmi.com/circulars?id=3237 A citizen of Bangladesh or an entity incorporated in Bangladesh may purchase shares and convertible debentures of an Indian company under the Foreign Direct Investment scheme with the prior approval of the Foreign Investment Promotion Board, subject to the terms and conditions specified in Schedule I to the FEMA Transfer or Issue of Security Regulations; Authorised Dealer Category I banks should notify their customers accordingly. en-us Wed, 19 Dec 2007 00:00:00 +0530 Mon, 06 Oct 2008 14:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=3237 A citizen of Bangladesh or an entity incorporated in Bangladesh may purchase shares and convertible debentures of an Indian company under the Foreign Direct Investment scheme with the prior approval of the Foreign Investment Promotion Board, subject to the terms and conditions specified in Schedule I to the FEMA Transfer or Issue of Security Regulations; Authorised Dealer Category I banks should notify their customers accordingly. Circulars FEMA Wed, 19 Dec 2007 00:00:00 +0530 https://www.taxtmi.com/circulars?id=3237