- In case of transmission of any asset (transfer after death of the owner) other than immovable property, the rules shall be checked from the viewpoint of the successor.
- When the successor of the asset is an NRI, he/she shall be entitled to transmission in the same manner, terms conditions as he/she is entitled to invest in that type of asset.
- For eg. when the NRI is unable to invest in a particular company due sectoral caps on repatriable basis the transmission of shares of that company will not take place to any NRI on such terms.
