Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) (Tenth Amendment) Regulations, 2013

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..... gement (Transfer or Issue of Security by a Person Resident Outside India) (Tenth Amendment) Regulations, 2013 G.S.R. 591(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 Bank of India hereby makes the following amendments in the Foreign Exchange Management (Transfer or Issue .....

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..... trol in accordance with SEBI (Substantial Acquisition of Shares and Takeover) Regulations and continues to hold such control; b. The amount of consideration for purchase of shares on the recognised stock exchange for transfer to non-residents may be paid as specified in para 8 of Schedule 1 to Notification No. FEMA.20/2000-RB dated 3rd May, 2000 or out of the dividend payable by Indian investee c .....

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..... 2 G. S. R. No. 574(E) dated 19.08.2002 G.S.R.No. 223(E) dated 18.03.2003 G.S.R.No. 225(E) dated 18.03.2003 G. S.R. No. 558(E) dated 22.07.2003 G. S.R. No. 835(E) dated 23.10.2003 G.S.R.No. 899(E) dated 22.11.2003 G.S. R.No. 12(E) dated 07.01.2004 G.S.R.No. 278(E) dated 23.04.2004 G.S.R.No. 454(E) dated 16.07.2004 G.S. R. No. 625(E) dated 21.09.2004 G.S.R.No. 799(E) dated 08.12.2004 G. .....

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