https://www.taxtmi.com/acts?id=37909 Rule 11 permits a Foreign Portfolio Investor to transfer equity instruments of an Indian company or units held in accordance with the applicable rules, subject to conditions in the annexed Schedules, specified terms, and securities-regulatory requirements. Prior Government approval is required where the investee company operates in a sector requiring approval. If an acquisition under Schedule II breaches aggregate FPI or sectoral limits, the corrective mechanism under Schedule II applies. en-us Sat, 19 Oct 2019 16:14:32 +0530 Tue, 01 Sep 2026 10:48:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37909 Rule 11 permits a Foreign Portfolio Investor to transfer equity instruments of an Indian company or units held in accordance with the applicable rules, subject to conditions in the annexed Schedules, specified terms, and securities-regulatory requirements. Prior Government approval is required where the investee company operates in a sector requiring approval. If an acquisition under Schedule II breaches aggregate FPI or sectoral limits, the corrective mechanism under Schedule II applies. Act-Rules FEMA Sat, 19 Oct 2019 16:14:32 +0530 https://www.taxtmi.com/acts?id=37909