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In case of transfer of shares between a resident buyer and a non-resident seller or vice-versa

Regulation 10A - Old_Provisions - FOREIGN EXCHANGE MANAGEMENT (TRANSFER OR ISSUE OF SECURITY BY A PERSON RESIDENT OUTSIDE INDIA) REGULATIONS, 2000 - Regulation 10A - These rules have been superseded vide New Regulations New Regulations of 2017 1[10A. .....

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the seller, an escrow arrangement may be made between the buyer and the seller for an amount not more than twenty five per cent of the total consideration for a period not exceeding eighteen months from the date of the transfer agreement or if the to .....

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