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[Cites 0, Cited by 0] [Section 13(12)] [Section 13] [Entire Act]

Union of India - Subsection

Section 13(12)(a) in Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2017

(a)The Indian startup company issuing Convertible Notes to a person resident outside India shall report such inflows to the Authorised Dealer bank in Form CN within 30 days of such issue.