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Investment in Depository Receipts by a Person Resident outside India [See Regulation 5(9)]

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Full Text of the Document

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....transfer of eligible instruments to a foreign depository for the purpose of issuance of depository receipts by eligible person(s) (1) Any security or unit in which a person resident outside India is allowed to invest under these regulations shall be eligible instruments for issue of Depository Receipts in terms of Depository Receipts Scheme, 2014 (DR Scheme, 2014). (2) A person w....