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

FEMA - 373/ 2016-RB - Dated:- 24-10-2016 - RESERVE BANK OF INDIA (Foreign Exchange Department) (CENTRAL OFFICE) NOTIFICATION No. FEMA. 373/ 2016-RB Mumbai, the 24th October, 2016 G.S.R. 1002(E).-In exercise of the powers conferred by clause (b) of su .....

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

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2, after the existing subparagraph (4), a new sub-paragraph, by name (5) shall be inserted, namely: (5). A wholly owned subsidiary set up in India by a non-resident entity, operating in a sector where 100 per cent foreign investment is allowed in the .....

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n-resident entity up to a limit of five per cent of its capital or USD 500,000 whichever is less, subject to the conditions laid down below. a. Within thirty days from the date of issue of equity shares or preference shares or convertible debentures .....

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