https://www.taxtmi.com/notifications?id=3762 The Regulations add a provision allowing existing non-resident shareholders to apply for and the investee company to allot additional shares, provided that the overall issue of shares to non-residents in the total paid-up capital does not exceed the sectoral cap, and renumber existing sub-regulations 2(ii) and 2(iii) of Regulation 6 as 2(iii) and 2(iv). en-us Tue, 12 Nov 2002 00:00:00 +0530 Wed, 15 Jul 2009 15:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=3762 The Regulations add a provision allowing existing non-resident shareholders to apply for and the investee company to allot additional shares, provided that the overall issue of shares to non-residents in the total paid-up capital does not exceed the sectoral cap, and renumber existing sub-regulations 2(ii) and 2(iii) of Regulation 6 as 2(iii) and 2(iv). Notifications FEMA Tue, 12 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/notifications?id=3762