Restriction on an Indian entity to issue security to a person resident outside India or to record a transfer of security from or to such a person in its books

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..... MANAGEMENT (TRANSFER OR ISSUE OF SECURITY BY A PERSON RESIDENT OUTSIDE INDIA) REGULATIONS, 2000 - FOREIGN EXCHANGE MANAGEMENT (TRANSFER OR ISSUE OF SECURITY BY A PERSON RESIDENT OUTSIDE INDIA) REGULA .....

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..... any security to a person resident outside India or shall not record in its books any transfer of security from or to such person:- Provided that the Reserve Bank may, on an application made to it .....

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