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Swap of equity Instruments and Equity Capital
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....truments and Equity Capital. -- 9A. The transfer of equity instruments of an Indian company between a person resident in India and a person resident outside India may be by way of-- (i) swap of equ....
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....m time to time: Provided that prior Government approval shall be obtained for transfer in all cases wherever Government approval is applicable. Explanation. - For the purposes of this clause, the e....