Regulation 3 (1) (B)

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..... n resident outside India, that is to say, (i) issue of security by a body corporate or an entity in India and investment therein by a person resident outside India; and (ii) investment by way of contribution by a person resident outside India to the capital of a firm or a proprietorship concern or an association of persons in India. (b) Acquisition and transfer of immovable prop .....

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