Deposits in certain other cases

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..... Rs) or Global Depository Receipts (GDRs), the funds so raised may, pending their utilisation or repatriation to India, be held in deposits in foreign currency accounts with a bank outside India. (2) Deposits accepted by an Indian company by issue of Commercial Paper to a Non-Resident Indian 1 or a Foreign Institutional Investor registered with the Securities and Exchange Board of India .....

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..... triation outside India; and (d) the Commercial Paper shall not be transferable. ************************* Note : 1. Has been inserted vide Notification No. 144/2006 dated 6/1/2006 - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - T .....

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