Foreign Security - Law Dictionary Search Results
Home Dictionary Name: foreign securityForeign security
Foreign security, means any security, in the form of shares, stocks, bonds, debentures or any other instrument denominated or expressed in foreign currency and includes securities expressed in for-eign currency, but where redemption or any form of return such as interest or dividends is payable in India currency. [Foreign Exchange Management Act, 1999 (42 of 1999), s. 2 (o)]...
Foreign contribution
Foreign contribution, means the donation, delivery or transfer made by any foreign source--(i) of any article, not being an article given to a person as a gift for his personal use, if the market value, in India, of such article, on the date of such gift, does not exceed one thousand rupees.(ii) of any currency, whether Indian or foreign;(iii) of any foreign security as defined in clause (i) of s. 2 of the Foreign Exchange Regulation Act, 1973. [Foreign Contribution (Regulation) Act, 1976 (49 of 1976), s. 2(1)(c)]...
Foreign Currency Convertible Bond
Foreign Currency Convertible Bond, (FCCB) means a bond issued by an Indian company expressed in foreign currency, and the principal and interest in respect of which is payable in foreign currency. [Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2000, Reg. 2(g)]...
Foreigner
Foreigner, has the same meaning as the Foreigners Act, 1946. [National Security Act, 1980 (65 of 1980)]It means a person who is not a citizen of India. [Foreigners Act, 1946 (31 of 1946), s. 2; See also National Security Act, 1980 (65 of 1980), s. 2 (c)]The word 'foreigner' according to the definition as in force in 1955 meant, a person who (i) is not natural born British subject as defined in sub-ss. (1) and (2) of s. 1 of the British Nationality and Status of Aliens Act, 1914, or (ii) has not been granted a certificate of naturalization as a British subject under any law, for the time being in force in India, or (iii) is not a citizen of India. The Citizenship Act, 1955 having been published in the Gazette of India on December 30, 1955, was also not in force at the time when the respondent entered India, State of U.P. v. Rahmatullah, AIR 1971 SC 1382: (1972) 2 SCC 113: (1971) Supp SCR 494.A person born at Allahabad at a time when it was within his Britannic Majesty's Dominion is a na...
Lien
Lien [answering to the tacita hypotheca of the Civil Law], a right in one man to retain that which is in his possession belonging to another, until certain demands of the person in possession are satisfied. It is neither a jus in re, nor a jus ad rem--i.e., it is not a right of property in the thing itself, or right of action to the thing itself.It is either particular, as a right to retain a thing for some charge or claim growing out of, or connected with, the identical thing; or general, as a right to retain a thing not only for such charges or claims, but also for a general balance of accounts between the parties in respect to other dealings of the like nature.General and particular liens may arise: (1) by an express contract; (2) by an implied contract, resulting from the usage of trade, or the manner of dealing between parties. General lines are not favoured in law, but some judicially recognized general lines are bankers', solicitors', factors', stockbrokers'. See Halsb. L.E., ti...
Attachment, Foreign
Attachment, Foreign, a process under which the goods of foreigners found in some liberty are taken to satisfy creditors, Com. Dig., tit. 'Attachment, Foreign.' Also a judicial proceeding, by means of which a creditor may obtain the security of the moneys, goods, or other personal property of his debtor, in the hands of a third person, for the purpose, in the first instance, of enforcing the appearance of the debtor to answer an action; and afterwards, upon his continued default, of obtaining the goods or property in satisfaction of the demand. It is also called garnishment. As to the custom prevailing in the City of London, see FOREIGN ATTACHMENT and consult Brandon on For. Attach...
American Depository Receipt
American Depository Receipt, means a security issued by a bank or a depository in United States of America (USA) against underlying rupees shares of a company incorporated in India. [Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2000, R. 2 (c)]...
Global Depository Receipt
Global Depository Receipt, (GDR) means a security issued by a bank or a depository outside India against underlying rupee shares of a company incorporated in India. [Foreign Exchange Manage-ment (Transfer or Issue of Any Foreign Security) Regulations, 2000, Reg. 2 (i)]...
Registered Foreign Institutional Investor (FII)
Registered Foreign Institutional Investor (FII), means a foreign institutional investor registered with Securities and Exchange Board of India. [For-eign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000, Reg. 2 (vi)]...
Direct investment outside India
Direct investment outside India, means investment by way of contribution to the capital or sub-scription to the Memorandum of Association of a foreign entity, but does not include portfolio investment or investment through stock exchange or by private placement in that entity. [The Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2000, s. 2 (e)]...
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