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TMI BlogForeign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India)(Amendment) Regulations, 2010X X X X Extracts X X X X X X X X Extracts X X X X ..... CE (Department of Economic Affairs) RESERVE BANK OF INDIA (Foreign Exchange Department) NOTIFICATION No. FEMA 205/2010-RB Mumbai, the 7th April, 2010 G.S.R. 341(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) , the Reserve Rank of India hereby makes ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lation 6, in sub-regulation (2), for clause (iv) , the following shall be substituted, namely:- "(iv) The offer on right basis to the persons resident outside India shall be: (a) in the case of shares of a company listed on a recognized stock exchange in India, at a price as determined by the company; (b) in the case of shares of a company not listed on a recognized stock exchange in India, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s from resident to non-resident as per the pricing guidelines laid down by the Reserve Bank from time to time, where the issue of shares is on preferential allotment" [F. No. 1/23/EM/2000-Vol. IV (Part File)] SALIM GANGADHARAN, Chief General Manager-in-Charge Foot Note: The Principal Regulations were published in the Official Gazette vide No. G.S.R. 406(E) dated May 8, 2000 in Pa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (E) dated 22-12-2005 No. G.S.R. 29(E) dated 19-1-2006 No. G.S.R. 4l3(E) dated 11-7-2006 No. G.S.R. 712(E) dated 14-11-2007 Na G.S.R. 713(E) dated 14-11-2007 No. G.S.R. 737(E) dated 29-11-2007 No. G.S.R. 575(E) dated 5-8-2008 No. G.S.R. 896(E) dated 30-12-2008 No. G.S.R. 851 (E) dated 1-12-2009 - Notification Tax Management India - taxmanagementindia - taxmanagement - taxmanagem ..... X X X X Extracts X X X X X X X X Extracts X X X X
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