https://www.taxtmi.com/acts?id=37916 Convertible notes may be purchased from an Indian startup company by a person resident outside India, subject to eligibility restrictions and a minimum investment amount in a single tranche. Issuance in sectors requiring Government approval requires that approval, while equity shares issued upon conversion must comply with foreign-investment entry routes, sectoral caps, pricing guidelines and attendant conditions. Transfers of convertible notes must follow entry routes and pricing guidelines applicable to capital instruments. en-us Sat, 19 Oct 2019 16:19:57 +0530 Tue, 01 Sep 2026 11:00:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37916 Convertible notes may be purchased from an Indian startup company by a person resident outside India, subject to eligibility restrictions and a minimum investment amount in a single tranche. Issuance in sectors requiring Government approval requires that approval, while equity shares issued upon conversion must comply with foreign-investment entry routes, sectoral caps, pricing guidelines and attendant conditions. Transfers of convertible notes must follow entry routes and pricing guidelines applicable to capital instruments. Act-Rules FEMA Sat, 19 Oct 2019 16:19:57 +0530 https://www.taxtmi.com/acts?id=37916