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Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Seventh Amendment) Regulations, 2016

FEMA - 368/2016-RB - Dated:- 20-5-2016 - RESERVE BANK OF INDIA (Foreign Exchange Department) (CENTRAL OFFICE) NOTIFICATION No. FEMA. 368/2016-RB Mumbai, the 20th May, 2016 G.S.R. 537(E).-In exercise of the powers conferred by clause (b) of sub-sectio .....

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e India) Regulations, 2000 (Notification No. FEMA. 20/2000-RB, dated 3rd May, 2000) namely:- 1. Short Title and Commencement (i) These Regulations may be called the . (ii) They shall come into force from the date of publication in the official Gazett .....

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of the total consideration can be paid by the buyer on a deferred basis within a period not exceeding eighteen months from the date of the transfer agreement. For this purpose, if so agreed between the buyer and the seller, an escrow arrangement may .....

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