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In case a person who is resident in India becomes a non-resident, will he/she be required to change the status of his/her holding from Resident to Non- Resident?

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In case a person who is resident in India becomes a non-resident, will he/she be required to change the status of his/her holding from Resident to Non- Resident?

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NRI s can continue to hold the securities which he/she had purchased as a resident Indian, even after he/she has become a non resident Indian, on a non-repatriable basis

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