person resident outside India definition

person resident outside India means a person who is not resident in India;

person resident outside India means a person other than a person resident in India;

person resident outside India means a person who is not resident in India; [As per FEMA Sec 2(w)].

Examples of person resident outside India in a sentence

• A person resident outside India can transfer any security to a person resident in India by way of gift.

• Fluctuations in the exchange rate between the U.S. Dollar and the Indian Rupee may affect the value of the investment in our Equity Shares of a person resident outside India.

• If a domestic VCF is set up as a trust, a person resident outside India (non-resident entity/individual including an NRI) can invest in such domestic VCF subject to approval of the FIPB.

• However, if a domestic VCF is set-up as an incorporated company under the Companies Act, 1956, then a person resident outside India (non-resident entity/individual including an NRI) can invest in such domestic VCF under the automatic route of FDI Scheme, subject to the pricing guidelines, reporting requirements, mode of payment, minimum capitalization norms, etc.

• The RBI, in exercise of its power under the FEMA, has also notified the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 to prohibit, restrict or regulate, transfer by or issue security to a person resident outside India.

More Definitions of person resident outside India

person resident outside India means a Person who is not an Indian Resident.

person resident outside India means a person who is not a Personresident in India. 2.1.33 ‘Portfolio Investment Scheme’ means the Portfolio InvestmentScheme referred to in Schedules 2, 2A & 3 of FEMA (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000. 2.1.34 ‘A Qualified Foreign Investor’ (QFI) means a non-resident investor (other than SEBI registered FII and SEBI registered FVCI) who meets the KYC requirements of SEBI for the purpose of making investments inaccordance with the regulations/orders/circulars of RBI/SEBI. 2.1.35 ‘RBI’ means the Reserve Bank of India established under the ReserveBank of India Act, 1934. 2.1.36 ‘Resident Entity’ means ‘Person resident in India’ excluding anindividual. 2.1.37 ‘Resident Indian Citizen’ shall be interpreted in line with the definition of ‘person resident in India’ as per FEMA, 1999, read in conjunction withthe Indian Citizenship Act, 1955. 2.1.38 ‘SEBI’ means the Securities and Exchange Board of India establishedunder the Securities and Exchange Board of India Act, 1992. 2.1.39 ‘SEZ’ means a Special Economic Zone as defined in Special EconomicZone Act, 2005. 2.1.40 ‘SIA’ means Secretariat of Industrial Assistance in DIPP, Ministry ofCommerce & Industry, Government of India. 2.1.41 ‘Transferable Development Rights’ (TDR) means certificates issued in respect of category of land acquired for public purposes either by the Central or State Government in consideration of surrender of land by the owner without monetary compensation, which are transferable in part orwhole. 2.1.42 ‘Venture Capital Fund’ (VCF) means a Fund established in the form of a trust, a company including a body corporate and registered under Securities and Exchange Board of India (Venture Capital Fund)Regulations, 1996, which(i) has a dedicated pool of capital;(ii) raised in the manner specified under the Regulations; and(iii) invests in accordance with the Regulations.

person resident outside India means a Person who is no Indian Resident.

person resident outside India means a person who is not resident in India. THE GAZETTE OF INDIAEXTRAORDINARYPART — II — SECTION 4PUBLISHED BY AUTHORITYSECURITIES AND EXCHANGE BOARD OF INDIANOTIFICATIONMumbai, the 27 day of January 2004SECURITIES AND EXCHANGE BOARD OF INDIA(FOREIGN INSTITUTIONAL INVESTORS) (AMENDMENT) REGULATIONS, 2004F.No SEBI\LAD\DOP\19023\2004 In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations to amend the Securities and Exchange Board of India (Foreign Institutional Investors ) Regulations, 1995, namely: -1. (i) These regulations may be called the Securities and Exchange Board of India (Foreign Institutional Investors) (Amendment) Regulations, 2004(ii) They shall come into force on 3rd February 20042. (i) In the Securities and Exchange Board of India (Foreign Institutional Investors) Regulations, 1995,

person resident outside India means a person resident outside India, as defined under the Foreign Exchange Management Act, 1999 as amended from time to time; or person resident in India in whichnot less than 15% (fifteen per cent) of the aggregate issued, subscribed and paid up equity share capital is held or controlled by persons resident outside India; and

person resident outside India means a person other than a person resident in India; xxx xxx xxx

person resident outside India means a person who is not a Person resident inIndia.