Foreign Direct Investment in India Transfer of Shares/Convertible Debentures by way of Sale - Clarification

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....eign Direct Investment in India Transfer of Shares/Convertible Debentures by way of Sale - Clarification Attention of the Authorised Dealer (AD) banks is invited to A. P. (DIR Series) Circular No.16 dated October 04, 2004, wherein Authorised Dealer banks have been delegated powers to deal with transfer of shares/convertible debentures from resident to non-resident and vice-versa, subject to the c....