https://www.taxtmi.com/acts?id=40937 Rule 17 permits transfer or liquidation of overseas equity held by Indian residents subject to prescribed limits, eligibility, pricing, documentation and reporting, allowing sales to eligible residents or non-residents. Transfers due to merger, amalgamation, demerger, buyback or liquidation require competent authority approval under applicable laws. Disinvestment requires that the transferor have no outstanding receivables at full disinvestment and have remained invested for the minimum holding period, subject to exceptions for wholly owned restructurings, and transfers are prohibited where the initial investment was not permitted under the Act. en-us Tue, 23 Aug 2022 15:17:41 +0530 Thu, 29 May 2025 12:21:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40937 Rule 17 permits transfer or liquidation of overseas equity held by Indian residents subject to prescribed limits, eligibility, pricing, documentation and reporting, allowing sales to eligible residents or non-residents. Transfers due to merger, amalgamation, demerger, buyback or liquidation require competent authority approval under applicable laws. Disinvestment requires that the transferor have no outstanding receivables at full disinvestment and have remained invested for the minimum holding period, subject to exceptions for wholly owned restructurings, and transfers are prohibited where the initial investment was not permitted under the Act. Act-Rules FEMA Tue, 23 Aug 2022 15:17:41 +0530 https://www.taxtmi.com/acts?id=40937