https://www.taxtmi.com/acts?id=30910 An Indian company may issue or non resident persons may purchase capital instruments subject to entry routes, sectoral caps and conditions. Listed company purchases by non residents require prior acquisition and continued holding of control under takeover rules; consideration must be paid by permitted inward remittance or specified NRE/FCNR(B)/escrow mechanisms, with issuance of instruments within sixty days or refund. Wholly owned Indian subsidiaries may issue shares to non resident parents against pre incorporation/pre operative expenses subject to FC GPR reporting and auditor certification. Issuance against swaps, imports of capital goods and pre operative expenses is allowed subject to government or Reserve Bank conditions and applicable approvals. Sale proceeds may be repatriated or credited to permitted accounts. en-us Mon, 13 Nov 2017 18:29:43 +0530 Fri, 27 Jun 2025 13:08:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=30910 An Indian company may issue or non resident persons may purchase capital instruments subject to entry routes, sectoral caps and conditions. Listed company purchases by non residents require prior acquisition and continued holding of control under takeover rules; consideration must be paid by permitted inward remittance or specified NRE/FCNR(B)/escrow mechanisms, with issuance of instruments within sixty days or refund. Wholly owned Indian subsidiaries may issue shares to non resident parents against pre incorporation/pre operative expenses subject to FC GPR reporting and auditor certification. Issuance against swaps, imports of capital goods and pre operative expenses is allowed subject to government or Reserve Bank conditions and applicable approvals. Sale proceeds may be repatriated or credited to permitted accounts. Act-Rules FEMA Mon, 13 Nov 2017 18:29:43 +0530 https://www.taxtmi.com/acts?id=30910