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    <title>Stockinvest Scheme Introduction of stockinvest in primary capital market for NRIs/OCBs</title>
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    <description>Stockinvest may be used by NRIs and OCBs to apply in primary market public issues for repatriable allotments, provided authorised dealers issue light green Stockinvest superscribed to show it is against lien on the investor&#039;s NRE/FCNR account and payable only from repatriable funds in that account; authorised dealers must follow all applicable regulatory guidelines and ensure prior permission and compliance with foreign exchange regulation penalties for contravention.</description>
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    <pubDate>Fri, 23 Oct 1992 00:00:00 +0530</pubDate>
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      <title>Stockinvest Scheme Introduction of stockinvest in primary capital market for NRIs/OCBs</title>
      <link>https://www.taxtmi.com/circulars?id=11052</link>
      <description>Stockinvest may be used by NRIs and OCBs to apply in primary market public issues for repatriable allotments, provided authorised dealers issue light green Stockinvest superscribed to show it is against lien on the investor&#039;s NRE/FCNR account and payable only from repatriable funds in that account; authorised dealers must follow all applicable regulatory guidelines and ensure prior permission and compliance with foreign exchange regulation penalties for contravention.</description>
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      <pubDate>Fri, 23 Oct 1992 00:00:00 +0530</pubDate>
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