https://www.taxtmi.com/acts?id=37916 Issuance and transfer of convertible notes by Indian startups to persons resident outside India are permitted subject to a prescribed minimum tranche, exclusion of certain foreign nationals and entities, and sectoral limitations requiring Government approval for issuance and conversion into equity, with compliance mandated for entry routes, sectoral caps, pricing guidelines; the Reserve Bank specifies payment and remittance conditions, and NRIs/OCIs may acquire notes on a non-repatriation basis. en-us Sat, 19 Oct 2019 16:19:57 +0530 Thu, 29 May 2025 15:12:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37916 Issuance and transfer of convertible notes by Indian startups to persons resident outside India are permitted subject to a prescribed minimum tranche, exclusion of certain foreign nationals and entities, and sectoral limitations requiring Government approval for issuance and conversion into equity, with compliance mandated for entry routes, sectoral caps, pricing guidelines; the Reserve Bank specifies payment and remittance conditions, and NRIs/OCIs may acquire notes on a non-repatriation basis. Act-Rules FEMA Sat, 19 Oct 2019 16:19:57 +0530 https://www.taxtmi.com/acts?id=37916