Foreign Exchange Management (Transfer or Issue of Security by A Person Resident Outside India) (Amendment) Regulations, 2008

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..... NANCE (Department of Economic Affairs) (EM Section) RESERVE BANK OF INDIA (Foreign Exchange Department) (Central Office) NOTIFICATION No FEMA 175/2008-RB Mumbai, the 22nd February, 2008 G.S.R. 575(E).— In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) , .....

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..... paragraph (5), the following new paragraph shall be inserted, namely :— "(6) A registered FII may, undertake short selling as well as lending and borrowing of securities subject to such conditions as may be stipulated by the Reserve Bank of India and the SEBI from time to time." [F. No. 1/23/EM/2000-Vol. IV] SALIM GANGADHARAN, chief General Manager Foot Note.—@(i) It is clarified th .....

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..... 21-9-2004 No. G.S.R. 799(E), dated 8-12-2004 No. G.S.R. 201(E), dated 1-4-2005 No. G.S.R. 202(E), dated 1-4-2005 No. G.S.R. 504(E), dated 25-7-2005 No. G.S.R. 505(E), dated 25-7-2005 No. G.S.R. 513(E), dated 29-7-2005 No. G.S.R. 738(E), dated 22-12-2005 No. G.S.R. 29(E), dated 19-1-2006 No. G.S.R 413(E), dated 11-7-2006 No. G.S.R. 712(E), dated 14-11-2007 No. G.S.R. 713(E), .....

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