TMI BlogSwap of equity instruments and equity capitalX X X X Extracts X X X X X X X X Extracts X X X X ..... p of equity instruments and equity capital . The transfer of equity instruments of an Indian company between a person resident in India and a person resident outside India may be by way of (i) swap of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rom time to time: Provided that prior Government approval shall be obtained for transfer in all cases wherever Government approval is applicable. Explanation. For the purposes of this clause, the expr ..... X X X X Extracts X X X X X X X X Extracts X X X X
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